Results 701-720 of 16,537 for speaker:Brian Lenihan Jnr

EU-IMF Programme of Financial Support: Motion (15 Dec 2010)

Brian Lenihan Jnr: There is an obligation on the parties opposite to lay before the people a plan as credible and realistic as the four year plan for recovery the Government has already submitted. The Government's plan, which is extraordinarily detailed, has not been matched by any equivalent document from the Opposition parties. Instead, we hear vague talk from the Fine Gael Party about their extensive...

EU-IMF Programme of Financial Support: Motion (15 Dec 2010)

Brian Lenihan Jnr: You are associated-----

EU-IMF Programme of Financial Support: Motion (15 Dec 2010)

Brian Lenihan Jnr: Any putative Government opposing the joint programme has a duty to set out for the electorate its alternative source of funding for this country over the next few years. I have referred to various assertions about European contacts that the principal Opposition party has made in the course of this debate. I was about to make the point that the most influential and important contact of the...

EU-IMF Programme of Financial Support: Motion (15 Dec 2010)

Brian Lenihan Jnr: I urge Fine Gael to use its influence in that regard. There has been much commentary about the need for senior bondholders to accept a share of the burden of this crisis. When those who deplore the gradual erosion of the deposit base of the Irish banking system reflect on it, they will see the substantial contribution that was made to that process by the unhelpful level of domestic noise...

EU-IMF Programme of Financial Support: Motion (15 Dec 2010)

Brian Lenihan Jnr: There is simply no way this country, whose banks are so dependent on international investors, can unilaterally renege on senior bondholders-----

EU-IMF Programme of Financial Support: Motion (15 Dec 2010)

Brian Lenihan Jnr: I move: That Dáil Éireann approves the terms of the agreements detailed below, copies of which were laid before Dáil Éireann on 14 December 2010, and in particular, the Memorandum of Economic and Financial Policies and the Memorandum of Understanding on Specific Economic Policy Conditionality agreed by the Government and which set out the criteria in respect of which a positive evaluation...

EU-IMF Programme of Financial Support: Motion (15 Dec 2010)

Brian Lenihan Jnr: That is a complete misrepresentation.

Written Answers — Parking Levy: Parking Levy (14 Dec 2010)

Brian Lenihan Jnr: The introduction of the car parking levy has been the subject of a considerable degree of work undertaken by officials in my Department, the Revenue Commissioners and the Department of the Environment, Heritage and Local Government.The necessary preparatory work has now been completed and I am currently considering a date for the commencement of the levy. An employee will be liable to the...

Written Answers — Tax Collection: Tax Collection (14 Dec 2010)

Brian Lenihan Jnr: I draw to the Deputy's attention that this is a matter for the Revenue Commissioners. However, I am advised by Revenue that the number of cases in Waterford city and county prosecuted for non-filing of value added tax returns in each of the past five years and to date in 2010 is as follows. Year Number of Cases 2005 0 2006 1 2007 1 2008 2 2009 1 2010 (to date) 5 In this context it...

Written Answers — Departmental Expenditure: Departmental Expenditure (14 Dec 2010)

Brian Lenihan Jnr: Refreshments for meetings or functions which I hold in my office are normally purchased from the Department's canteen or local shops. The total spent in 2008, 2009 and 2010 for this is listed in the table below. The details of the breakdown requested by the Deputy are not readily available as these are not generally recorded electronically. Year Amount Spent 2008 €254.89 2009...

Written Answers — Tax Code: Tax Code (14 Dec 2010)

Brian Lenihan Jnr: The tax exemption for patent income has been in place for over 30 years and has applied to income received by an individual or company from a qualifying patent subject, since 2008, to an annual limit of €5 million. A tax exemption has also applied, subject to certain conditions, to distributions paid by companies from exempt patent income. These exemptions have been abolished with effect...

Written Answers — Tax Code: Tax Code (14 Dec 2010)

Brian Lenihan Jnr: I can inform the Deputy that Section 45 of Finance Act 2008 introduced new tax provisions in relation to profits derived from petroleum exploration and production activities. A new tax called a "profit resource rent tax" will apply at rates of 5%, 10% or 15% in addition to the corporation tax rate of 25% that currently applies to profits from petroleum activities. It will apply when profits...

Written Answers — Fiscal Policy: Fiscal Policy (14 Dec 2010)

Brian Lenihan Jnr: As I indicated in my Budget address last week, economic activity in Ireland has stabilised and recovery in the real economy is beginning to take shape. Building on progress already made, the purpose of the National Recovery Plan 2011-2014 is to plot a course to sound, sustainable growth for the economy. Budget 2011 represents the first instalment of that Plan. The approach being taken by the...

Written Answers — Departmental Appointments: Departmental Appointments (14 Dec 2010)

Brian Lenihan Jnr: There have been no appointments to the boards or bodies under the aegis of my Departmemt since 22 Novermber 2010.

Written Answers — Departmental Appointments: Departmental Appointments (14 Dec 2010)

Brian Lenihan Jnr: The Independent Mediation Officer for the Civil Service Grievance Procedure is due to be appointed for a further year from the 1 January 2011. This appointment is sent to the Staff Panel for their agreement and then it is forwarded to the Minister for Finance for approval. The term of office of the current Board of the Public Appointments Service is due to finish on 20th February 2011. A...

Written Answers — Personal Debt: Personal Debt (14 Dec 2010)

Brian Lenihan Jnr: I would not accept that reliance on false assumptions about income, long term economic productivity and consumer behaviour were the sole reasons for the difficulties faced by the banking sector although they could all be classed as playing their part. Other factors included loan impairments, particularly in the property sector, falling asset prices, bank lending policies and bank remuneration...

Written Answers — Tax Code: Tax Code (14 Dec 2010)

Brian Lenihan Jnr: I understand that the levy referred to by the Deputy is the pension related deduction legislated for in the Financial Emergency Measures in the Public Interest Act 2009 (as amended). This deduction is to be made from the remuneration of each public servant in accordance with the Tables in Section 2 of that Act (as amended by Section 13 of the Social Welfare and Pensions Act 2009). The...

Written Answers — National Debt: National Debt (14 Dec 2010)

Brian Lenihan Jnr: The National Treasury Management Agency (NTMA) have advised that at end-2009 the national debt stood at €75.2 billion. Based on the projections for the Exchequer Borrowing Requirement for the years 2010 and 2011, as set out in Budget 2011, the estimate for the level of national debt at end-2010 is approximately €94 billion and is approximately €112 billion at end-2011.

Written Answers — Tax Code: Tax Code (14 Dec 2010)

Brian Lenihan Jnr: It is intended that the necessary legislative changes to give effect to the tax consequences of the Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010 will be included in the forthcoming Finance Bill. The provisions will have effect for the year of assessment 2011 and will provide the same tax treatment for registered civil partners as for married couples....

Written Answers — Public Sector Pay: Public Sector Pay (14 Dec 2010)

Brian Lenihan Jnr: The 10% reduction announced in the Budget will apply to new entrant public servants with effect from 1 January 2011. Detailed guidelines on the implementation of this measure that will issue shortly, will provide that public servants who leave and subsequently re-enter the public service after a short break in service will not be considered new entrants.