Results 7,421-7,440 of 33,175 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: I move amendment No. 155: In page 183, line 21, to delete “subparagraph” and substitute “subparagaphs”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: I move amendment No. 156: In page 184, to delete lines 10 to 26 and substitute the following: “(2) The Revenue Commissioners may authorise in writing any of their officers to exercise any powers to perform any acts or discharge any functions conferred by this section. (3) In this section, ‘authorised officer’ means an officer of the Revenue Commissioners authorised...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: I move amendment No. 157: In page 191, to delete lines 28 to 33 and substitute the following: “(6) Where there is no substantial activity in relation to that part of a relevant site to which this section applies which is being developed for a purpose other than residential development within a reasonable period of time from the date of the commencement notice, or the first...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: I move amendment No. 158: In page 199, to delete line 21 and substitute the following: “ “tax, corporation tax and capital gains tax. Where no owner registered 653AM. (1) This section shall apply to a relevant site where no person has registered as the owner in respect of the site under section 653S and an amount of residential zoned land tax and interest...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: Amendments Nos. 162 and 164 would require the Minister for Finance to lay a report before the Dáil on the introduction of a vacant residential property tax. Amendment No. 162 would require that such a report be laid before the Houses within one month of the enactment of the Finance Bill, while Deputy Doherty seeks a report within six months of the passing of the Bill. I have stated...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: At that point in time, I would not have had the data or information I will have shortly, that will allow us to design a vacant property tax which will be of help in addressing the housing needs we have.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: No.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: At that point we did not have a revaluation under way for local property tax that in turn would provide information and data that will help with the decision I have made. I accept that as part of Housing for All, a tax that can apply to vacant properties can be part of how we respond to the housing needs we have.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: I dispute that vacant properties are as prevalent as the Deputy believes they are.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: I look at the figures we have on the low levels of vacancy from the Geodirectory survey as recently as last summer that indicated that in the north inner city of Dublin, for example, there was a vacancy rate of 0.86% and that the rate in Clontarf, for example, was 0.24%. Those figures would indicate that there is a low level of vacancy but behind every percentage point or fraction thereof is...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: As I look back at all the things that have happened in recent years, I believe that if I had introduced a vacant property tax at that point in time I could have done so with a design that might have been wrong which would have generated issues that I would then have had to deal with. The point at which to introduce this tax is after a local property tax revaluation that will provide...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: I have proposed that and I have indicated what all those measures will be. I want to thank Deputies for the time and effort that has been expended over the last three days to scrutinise this Bill. I thank the officials of the committee and my officials for supporting us in our efforts. I want to acknowledge one official in particular, Rory O'Kelly. Rory is the engine of getting the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: There are not many rounds of applause in this committee so Rory should savour that moment. I look forward to working with Deputies on this important Bill on Report Stage.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (18 Nov 2021)

Paschal Donohoe: I move amendment No. 141: In page 174, line 6, after “in” to insert “subsections (2) and (3) of”