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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Kieran O'Donnell: Does Mr. Watt believe the perception that we get back from other Departments that the Department of Public Expenditure and Reform is more interested in the micro-spending of Departments than the actual overall macro-spending is unfair?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Kieran O'Donnell: If a Minister moves expenditure from one voted heading to another in his Department but is not looking for extra funding, will he still require approval from the Department of Public Expenditure and Reform?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Kieran O'Donnell: What did Mr. Watt call that? Was it "vire"?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Kieran O'Donnell: That is to move money across. Does that require approval from the Department of Public Expenditure and Reform?

Seanad: An tOrd Gnó - Order of Business (28 Nov 2019)

Kieran O'Donnell: I wish to highlight a dreadful attack on Fergus Kilcoyne, an Independent councillor from Patrickswell. At 4.45 a.m. last Monday morning, his house was attacked. All the windows were broken and his car was smashed. He, his wife and their children were asleep in the house. His wife and family were terrorised. GardaĆ­ based at Roxboro Road Garda station are carrying out an...

Seanad: Finance Bill (Tax Appeals and Prospectus Regulation) Bill 2019: Second Stage (28 Nov 2019)

Kieran O'Donnell: I welcome the Minister of State, Deputy O'Donovan, to the House. This is about the amendment of the Act of 2015. The Minister of State's speech has not been provided.

Seanad: Finance Bill (Tax Appeals and Prospectus Regulation) Bill 2019: Second Stage (28 Nov 2019)

Kieran O'Donnell: Do we get a copy of the speech?

Seanad: Finance Bill (Tax Appeals and Prospectus Regulation) Bill 2019: Second Stage (28 Nov 2019)

Kieran O'Donnell: The two elements to the Bill are the amendment of the Act about the appointment of the chairperson of the appeals commission which appears technical in nature, and Part 3, which is the change to update the definition of EU prospectus law which also looks to be a technical point. I would make a general point on the area of tax appeals. There has been various legislation coming through and...

Seanad: Finance Bill (Tax Appeals and Prospectus Regulation) Bill 2019: Second Stage (28 Nov 2019)

Kieran O'Donnell: Has an interim chairperson been appointing pending enactment of the legislation?

Seanad: Finance Bill (Tax Appeals and Prospectus Regulation) Bill 2019: Second Stage (28 Nov 2019)

Kieran O'Donnell: When does the Minister of State expect the appeals chairperson will be appointed?

Seanad: Finance Bill (Tax Appeals and Prospectus Regulation) Bill 2019: Second Stage (28 Nov 2019)

Kieran O'Donnell: Good. The issue in Part 3, which is to update the definition of EU prospectus law, is technical in nature. Overall, I welcome the update of the entire appeal mechanism, both in terms of resources and ensuring that they are heard and expedited. It is most important in terms of the functioning of businesses.

Seanad: Finance Bill (Tax Appeals and Prospectus Regulation) Bill 2019: Second Stage (28 Nov 2019)

Kieran O'Donnell: Next Tuesday at 2.30 p.m.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Impact of Brexit on Ireland's Economy: Economic and Social Research Institute (28 Nov 2019)

Kieran O'Donnell: I mention the figures the ESRI has put for a deal scenario and a no-deal scenario with Brexit. The ESRI looked at the modelling and found GDP could be approximately 2% lower in the long-run and 4.8% lower in a no-deal scenario. The first-year impact would be that the level of real input into the Irish economy could be approximately 0.6% lower in a deal scenario. I am surprised in one sense...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Impact of Brexit on Ireland's Economy: Economic and Social Research Institute (28 Nov 2019)

Kieran O'Donnell: I would like to drill down a small bit. What percentage of the exports of indigenous Irish export firms go to, and what percentage of the imports to Ireland come from, the UK? I have a view that the indigenous sector is far more exposed to the potential impact of Brexit than the much larger multinational companies. Dr. McQuinn referred to the FDIs. If there was a no-deal Brexit, would...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Impact of Brexit on Ireland's Economy: Economic and Social Research Institute (28 Nov 2019)

Kieran O'Donnell: I know that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Impact of Brexit on Ireland's Economy: Economic and Social Research Institute (28 Nov 2019)

Kieran O'Donnell: That is why I want to strip it out.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Impact of Brexit on Ireland's Economy: Economic and Social Research Institute (28 Nov 2019)

Kieran O'Donnell: Dr. Lawless is basically saying that 50% of the exports of Irish export firms go to the UK but how much of the overall export figure for the 11%, which is the total amount of exports, is made up of indigenous companies?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Impact of Brexit on Ireland's Economy: Economic and Social Research Institute (28 Nov 2019)

Kieran O'Donnell: Is there a value on that 50%, in billions of euro per annum?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Impact of Brexit on Ireland's Economy: Economic and Social Research Institute (28 Nov 2019)

Kieran O'Donnell: How big is that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Impact of Brexit on Ireland's Economy: Economic and Social Research Institute (28 Nov 2019)

Kieran O'Donnell: Perhaps the witnesses could provide the analysis. I hear much of the discussion and I know intuitively that the bulk of the exports go from the indigenous Irish sector. What percentage of that 11% is from the indigenous sector? To reverse that, what percentage of our imports come from the UK?

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