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Seanad: Budget 2020: Statements (8 Oct 2019)

Kieran O'Donnell: The Senator is digging a hole for herself on this one. I should not be standing up for Fianna Fáil.

Seanad: Budget 2020: Statements (8 Oct 2019)

Kieran O'Donnell: Keep away from it, Rose.

Seanad: Budget 2020: Statements (8 Oct 2019)

Kieran O'Donnell: Tomorrow, at 10.30 a.m.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Application of VAT to Food Supplements: Discussion (3 Oct 2019)

Kieran O'Donnell: Has the Food Safety Authority of Ireland ever asked shops to withdraw products from sale?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Application of VAT to Food Supplements: Discussion (3 Oct 2019)

Kieran O'Donnell: The bottom line is the Revenue Commissioners made a guideline ruling in 2006 and there must have been back-up for that ruling.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Application of VAT to Food Supplements: Discussion (3 Oct 2019)

Kieran O'Donnell: Have the witnesses looked at the EU directive to see if the interpretation made by the Irish tax authorities is correct? The issue is around how these products are perceived. The robustness of any regulatory system is sometimes based around products that are withdrawn rather than those that are allowed. What control mechanisms exist within regulation to ensure the products being sold are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Application of VAT to Food Supplements: Discussion (3 Oct 2019)

Kieran O'Donnell: Can the association seek a direction from Europe on that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Application of VAT to Food Supplements: Discussion (3 Oct 2019)

Kieran O'Donnell: Can the association get clarification from Europe to assist the Revenue on this issue?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Application of VAT to Food Supplements: Discussion (3 Oct 2019)

Kieran O'Donnell: The Chairman is missing my point, which is very simple.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Application of VAT to Food Supplements: Discussion (3 Oct 2019)

Kieran O'Donnell: The Chairman is trying to give balance.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: I welcome all of the witnesses to this committee hearing, which follows on from our previous one with AXA, FBD and Allianz. Today, I would like to follow up with a few quick questions. All three insurers present share a common theme. Mr. O'Rourke from AIG stated: "Claims awards and legal costs make up the majority of insurance premiums and this is a key factor in the cost of insurance in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: I will be consistent in terms of my questions to the previous three insurers of AXA, FBD and Allianz. Am I correct to say that the target of profitability in Aviva is 3%?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: What was Aviva's premium income in 2018, which is the most recent year?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: What was Aviva's profit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: Is that a profit margin of 10%?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: What does AIG seek in terms of the breakdown of the premium?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: What was the turnover for AIG in 2018?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: What was the profit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: What was the loss?

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