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Seanad: Order of Business (11 Dec 2018)

Rose Conway Walsh: Private communications companies.

Seanad: Order of Business (11 Dec 2018)

Rose Conway Walsh: I am sorry.

Seanad: Finance Bill 2018: Report and Final Stages (11 Dec 2018)

Rose Conway Walsh: I move recommendation No. 5:In page 112, after line 42, to insert the following: “Report on “double Irish” tax scheme 29. The Minister shall, within 6 months of the passing of this Act, prepare and lay before the Oireachtas a report on the options available to end the transition period for companies availing of the double Irish sooner than 2020.”. It was with...

Seanad: Finance Bill 2018: Report and Final Stages (11 Dec 2018)

Rose Conway Walsh: My seconder is delayed.

Seanad: Finance Bill 2018: Report and Final Stages (11 Dec 2018)

Rose Conway Walsh: I move recommendation No. 6:In page 125, to delete lines 11 to 16. This recommendation relates to the betting duty. We are asking the Minister of State for a clarification on his intentions with that.

Seanad: Finance Bill 2018: Report and Final Stages (11 Dec 2018)

Rose Conway Walsh: I move recommendation No. 9:In page 138, to delete line 19. I want to speak on this recommendation. I know it is quite specialist but we have been contacted by a tax specialist who has brought concerns about the deletion of section 949AG. I understand that this provision, unless deleted, removes the right of the Tax Appeals Commission to require Revenue to provide the information which...

Seanad: Finance Bill 2018: Report and Final Stages (11 Dec 2018)

Rose Conway Walsh: I will revisit the matter in another forum at a later date.

Seanad: Finance Bill 2018: Report and Final Stages (11 Dec 2018)

Rose Conway Walsh: I second the recommendation.

Seanad: Finance Bill 2018: Report and Final Stages (11 Dec 2018)

Rose Conway Walsh: I second the recommendation.

Seanad: Finance Bill 2018: Report and Final Stages (11 Dec 2018)

Rose Conway Walsh: I second the recommendation.

Seanad: Health (Regulation of Termination of Pregnancy) Bill 2018: Committee Stage (Resumed) (11 Dec 2018)

Rose Conway Walsh: I move amendment No. 39:In page 11, line 27, to delete "avert" and substitute "mitigate".

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: I thank the witnesses for the presentations and for coming in today because there are important questions to be answered. It is very difficult to believe the Minister for Finance had no objection to this sale and facilitated the betrayal of vulnerable Irish customers. What is particularly interesting about today is the fact that the banks have appeared before us many times and it has been...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: How much tax did Pepper pay last year, leaving aside income tax from employees?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: So Glenbeigh has the economic interest. Have we a way of knowing how much tax it paid? I am trying to tease it out. The thousands of customers we are dealing with all pay a great deal of tax. They would want to know that the people they were paying their mortgage to also paid a fair share of tax. I am trying to establish the facts.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: I would think that Pepper would be tax compliant being regulated and so on but I am trying to arrive at a figure of how much tax was paid. How much tax does an entity that has €10 billion in assets pay in a year?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: The problem for the consumers at the end of this food chain is who is what, who is where, who is responsible for this and who is making money out of it. What write down has Pepper had in terms of the loans? Was it €0.5 billion?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: We do not know who they are. The problem for consumers is that we do not know who they are. We have these fairy people who are benefitting from all this while consumers are worried about their mortgages. They are worried how this will pan out for them. They wonder whether they will be able to keep their homes and yet in terms of the beneficiaries of their mortgages, which have been sold...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: I understand all that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: That is okay. Consumers and customers are telling us they feel betrayed. It is really important to acknowledge that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: Except for the code of practice for the transfer of mortgages as was specifically outlined. I would have thought that would be the first document that one would have on the table.

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