Results 9,761-9,780 of 10,460 for speaker:Gerry Horkan
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: Finally, what has been the impact of this decision on Revenue's ability to provide tax rulings and certainty for business? Has there been any impact on potential business or business existing in the State, particularly from foreign multinationals? I asked the Commissioner about other cases and, as the Minister alluded to earlier, the Commissioner stated there were no other open files of...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: I thank the Minister. We extended our time by a few minutes and I thank the Minister for agreeing to that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: I am sure we will have the Minister back in the committee at a relevant time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: I thank the Minister and his officials.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: Our guest is Mr. Niall Cody, chairman of the Revenue Commissioners, joined by Mr. Eamonn O'Dea and Ms Kate Levey. I welcome them to the meeting. I advise the witnesses that by virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute privilege in respect of their evidence to the committee. However, if they are directed by the committee to cease giving...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: I thank Mr. Cody. I invite members to comment or make observations.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: Deputy Boyd Barrett's time is-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: I ask the Deputy to conclude.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: We are over time. The room needs to be vacated and the meeting must conclude soon. Senator Burke wants to make a contribution as well.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: The Deputy had a good bit of time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: I might ask Senator Burke to conclude.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: I wish to make a couple of points. To follow on from Senator Burke's question on selectivity, the Commissioner referred to how Apple did not pay the corporation tax rate of 12.5% and that the Commission was basing its case on this and the idea that the tax ruling was selective. The Commission's argument is that Apple got a special deal. According to the Commissioner, the somewhat...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: I accept that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: Is the contention that everything that is not taxed in America should be taxed here?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: No. I was asking whether it was the Commission's intention.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: No. The Commission stated that 45% was America's and everything else belonged to Ireland.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: The Commissioner referred to how her office had reviewed legislation but could not find any methodology for the cost sharing or the talk of €30 million to €40 million.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: There is transfer pricing and so on as well.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: There is the suggestion or idea that products, for example, are brought into Ireland at a low price by an intra-company entity located elsewhere in the world, are processed in some way in Ireland and are then shipped out at a larger price, with all of the profits attributable to Ireland. The products might be shipped to another country in the world and, if not sold at a loss, sold at a small...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)
Gerry Horkan: It is a separate argument that people use against Ireland, but it is perfectly legal in terms of international tax practice.