Results 8,681-8,700 of 35,567 for speaker:Pearse Doherty

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: Section 31 deals with the transposition of the anti-tax avoidance directive, Article 4. Is that the directive that was agreed in 2016 and the same directive that we were supposed to have transposed into domestic law by the end of 2018 and operational in January 2019? It may not be. I am genuinely seeking clarification on this. Is it the same directive in respect of which we were...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: I am. I just want to know why the Minister and his predecessor, Michael Noonan, decided to not implement and transpose the directive, which we were supposed to have in place at the end of 2018. The Minister and his predecessor argued that our existing rules were just as effective. If that was the case, we would not have to transpose it until 2024 but that is not the case because, as the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: The Minister said he had tried to deal with the issues they have raised. Beyond that issue of operating lessors, will he outline what other issues he has tried to deal with in these amendments that the aircraft leasing sector has raised?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: The Minister will provide that note to us.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: Thank you.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: I tabled amendment No. 73. I agree with Deputy Boyd Barrett's comments. As long as we have been members of the committee, he has raised these issues. Our amendment seeks the production of a report on film relief in the context of the pay, conditions and training of employees within the sector and options to enhance the scheme with respect to employee pay, conditions and training. ...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: I have no problem with the amendments. They are technical in nature. In order to support the flow on Report Stage, it would be helpful for the Minister to email a note to members in advance. He mentioned that the relief is subject to a commencement order and will be subject to state aid rules. Ireland has fallen foul of those rules in the past, with changes in the Finance Act not having...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: The sector has experienced exponential growth across Europe but employment in it in Ireland has fallen. That is really worrying because it is an area in which we want Ireland to be a leader. There is broad agreement on that. We want it to be an area of significant growth. There has been a lot of success here in the context of some of the companies in the sector. Does the Minister believe...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: How does the relief compare with those offered by competitors such as Britain, which is now outside the European Union but is an English-speaking nation, and France? Have the provisions in those countries been considered? Is the relief proposed by the Minister more advantageous than what is on offer there or is it similar?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: It would be better for the committee to dispose of it now instead of having to come back to amendments relating to digital issues.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: The relief for certain start-ups outlined in this section will be extended for five years. Will the Minister speak to the purpose of the section?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: I thank the Minister.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: Amendment No. 74 relates to the pay, conditions and training of employees in the sector.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: This section deals with digital games relief. We will debate an amendment later regarding that relief and how it applies to pay and conditions in the training of employees in the sector. We do not want to repeat the earlier conversation on film relief, but it is a similar area. As I said, this is a sector we need to support and to grow. There is major potential in it if we get this right,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: I move amendment No. 71: In page 92, after line 39, to insert the following: "Report on the Research and Development Tax Credit Regime 37.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the research and development tax credit, its operation, its use among small and medium enterprises and options to enhance and...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: I know the higher rate for research and development for small, medium and microenterprises is out of the Minister's hands. I would like some detail about how onerous it would be to apply a rate. It appears that the Minister has suggested that it can happen but that it would be a significant burden on both Revenue and the company. If it is not possible then it is not possible, but we should...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Pearse Doherty: On the basis of the Minister's commitment to look at that issue with the Tax Strategy Group, I will withdraw the amendment.