Results 9,301-9,320 of 16,492 for speaker:Ciarán Lynch

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Ciarán Lynch: In addition to the risk of there being a timetable, it is also means everybody trying to move globally at the same time to a unified position. There is a suggestion that many of the problems of aggressive tax planning are caused due to US tax routes. What is Mr. Kermode's view on that issue?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Ciarán Lynch: As I understand the process, it is not meant to lead to complete harmonisation of the tax code in every country but it is to put some sort of order in it. I used the analogy previously when discussing the offside rule that rather than speak to the clubs we need to speak to FIFA and UEFA which is appropriate given the week we are in. The position is that there is a dilemma, that is, that in...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Ciarán Lynch: I must interrupt. Many members of this committee are also members of the Select Sub-committee on Social Protection and there is a vote taking place there now. Please continue.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Ciarán Lynch: Sure.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Ciarán Lynch: We will now deal with item No. 6 of today's meeting, namely proposals from international institutions to reform the global system of corporation tax. I welcome Mr. Philip Kermode, director of the Directorate-General for Taxation and Customs Union of the European Commission, and Mr. Liam Lynch, head of insurance and tax adviser, KPMG, Dublin. Mr. Kermode is accompanied by Mr. Tim Hayes,...

Written Answers — Department of Environment, Community and Local Government: Local Authority Housing Provision (10 Jun 2014)

Ciarán Lynch: 372. To ask the Minister for Environment, Community and Local Government to detail the budgetary provision that has been made to enable local authorities to facilitate tenants who wish to downsize to more suitable accommodation; and if he will make a statement on the matter. [24172/14]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: That brings us back to Deputy Twomey's remark, which was more of a comment than a question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: It is time to put on your dinner jackets, since it is nearly 6 p.m., never mind your bowler hats. With that said I will bring matters to a conclusion. I thank Mr. Carrigan, Mr. Brennan, Mr. McDermott, Ms Cully and Mr. Gilvarry for their contributions. It is a little like Star Trek in that we boldly go where no one has gone before. Certainly, it has been one of the more complex issues I...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: I note there is a vote in the Seanad.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: I am being patient. There is a vote in the Seanad. I will come back to the question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: We will finish Deputy Pearse Doherty's question, and then briefly hear Deputies Boyd Barrett and Twomey together. Then I am wrapping up.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: The question was already asked.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: Deputy Boyd Barrett is out of time, but I shall give him some leeway and then Deputy Doherty will speak afterwards.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: That leads me to my last question for the moment. Mr. Carrigan has indicated that as Europe moves to some level of regulation in this area, there seems to be a divergence of views. I note the cautionary tone in his message on what would be an appropriate level of regulation. I noted the way he broke down statistics for what was happening in the USA on funding structures, as well as in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: I am not sure whether this meeting is being broadcast live. Just as space is the final frontier in "Star Trek", shadow banking seems to be the final frontier in finance. While concepts such as bonds, subordinated bond holders and contracts for difference have entered common financial parlance in Ireland in recent years, the matter of shadow banking is probably very much unknown to the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: Might somebody who wants to engage in venture capitalism transit his fund through a shadow banking structure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: I seek clarification on where Ireland's financial services or business are actually placed in this context.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: What is the position on funds invested separately in businesses and providing financial support for organisations?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: In his opening address Mr. Aidan Carrigan spoke about how SMEs and other sectors could be supported in this area. By his Department's analysis, what is the likely impact on job creation in Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (4 Jun 2014)

Ciarán Lynch: On today's agenda is scrutiny of the proposed EU regulation COM (2013) 615 on money market funds. I welcome from the Department of Finance Mr. Aidan Carrigan, assistant secretary, Mr. Patrick Brennan, assistant principal, and Mr. Martin McDermott, administrative officer. I also welcome Ms Isla Cully and Mr. Oliver Gilvarry of the Central Bank of Ireland. The witnesses are here to help the...