Results 9,381-9,400 of 16,492 for speaker:Ciarán Lynch

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: Yes, I am allowing the Deputy to contribute. He is on the clock now.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: A question, please, Deputy Mathews.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: Will you put a question, please?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: It is but we are not having a conversation. There are witnesses here to whom we should put questions. I would like the Deputy to put some questions.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: We have had four minutes already. Is the Deputy’s question whether the baseline corporation tax should be increased by 3%?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: Can I interject, because this is a point of contention? We have major global operators here from the western hemisphere, but we have no global operators from the eastern hemisphere. It is the same taxation system. I will not name the companies as it is obvious who they are, but I note that they are not in the Irish market. They are neither here as brass plate companies in the IFSC or with...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: Is that a question?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: I am sorry but I must ask the Deputy to be succinct in his questions, and witnesses should be succinct in their answers as well. A question?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: One can actually do it with the property tax. One can defer it.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: A pensioner can defer it.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: Yes.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: Simple interest, not compound.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: I am giving Deputy Boyd Barrett a bit of latitude.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: We will not get into naming individuals, as stipulated in Standing Orders. The delegates may speak in a general context.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: I thought Mr. McCaughey was going to name an individual CEO.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: It has to be segregated from tax evasion.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: Before I bring in Deputy Boyd Barrett, I will round off something that was said. Believe it or not, I lived in Bermuda a long time ago, by the way, not as an accountant. I remember all the brass plates and noted that many of the accountants out there were Irish. Many senior staff in our own banking system have been trained out there. The issue, to which both Mr. Keegan and Mr. McCaughey...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: That is separate from a dividend. That is merely the share value.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: That is true.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: In Mr. McCaughey's view, there was a national self-interest there.