Results 11,981-12,000 of 36,748 for speaker:Pearse Doherty

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (16 Jul 2020)

Pearse Doherty: 3. To ask the Minister for Finance his views on recent findings regarding the effective rate of tax paid by certain companies here; and if he will make a statement on the matter. [16465/20]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (16 Jul 2020)

Pearse Doherty: The report published by the OECD last week, which the Minister just mentioned, found that the effective tax rate paid by companies in the State was 12%, which is close to the statutory rate of 12.5%. Some will question the report but this comes at a time when our tax arrangements in this State are under intense scrutiny. Yesterday, the European Commission announced a series of tax proposals...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (16 Jul 2020)

Pearse Doherty: The Minister and myself differ on many issues, particularly on aggressive tax planning and loopholes that need to be continually closed and monitored in our own tax code. However, we do agree on the principle of sovereignty and of tax sovereignty in particular. Yesterday, the European Commissioner of the Economy, Paolo Gentiloni, wrote in the Financial Times: we must stand ready to...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Corporation Tax (16 Jul 2020)

Pearse Doherty: Yesterday, Ireland was also fined €2 million for the Government's failure to transpose an anti-money laundering directive on the preferential ownership of shares, which I raised with the Minister a number of years ago. However, that is not the key issue here and there are much more serious ones at play. One of the policies mooted by the Commissioner and the Commission is the...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: Am I not allowed to put another supplementary question to the Minister?

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: I understood that I would be allowed to ask a second supplementary question.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: 1. To ask the Minister for Finance the measures he has taken and will take to prohibit the accrual of interest during the moratorium period for mortgage breaks taken in the context of Covid-19; his views on comments made with retail banks at a meeting held on 11 May 2020; and if he will make a statement on the matter. [16464/20]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: Déanaim comhghairdeas leis an Aire ar son a cheapacháin arís mar Aire Airgeadais agus mar chathaoirleach ar an Eurogroup. Tá súil agam go mbeidh tairbhe ann dár Stát agus pléifimid sin níos moille. Ba mhaith liom ceist a chur ar an Aire ó thaobh na cruinne a bhí agaibh ar an 11 Meitheamh. The Minister, Deputy Donohoe, along with the...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Lending (16 Jul 2020)

Pearse Doherty: There was only one set of guidelines. They have never changed. I hope the Minister accepts that. Clarification was provided during different periods. The Minister is right to say I wrote to the Central Bank on 11 June. I asked in my letter why Belgium and Spain were able to waive interest rates for consumers in those jurisdictions, while working to the same EBA guidelines. I knew the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: 18. To ask the Minister for Finance if an extension of the temporary wage subsidy scheme will be considered for sectors and employers that continue to be affected by public health measures; his plans to discontinue, modify or taper payments under the scheme; and if he will make a statement on the matter. [16299/20]

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: 64. To ask the Minister for Finance if the temporary wage subsidy scheme will be modified to allow employers to avail of same for seasonal workers moving from part-time to full-time hours during peak season (details supplied). [15815/20]

Written Answers — Department of Finance: Commencement of Legislation (16 Jul 2020)

Pearse Doherty: 21. To ask the Minister for Finance when all sections of the Consumer Insurance Contracts Act 2019 will be commenced; and if he will make a statement on the matter. [16295/20]

Written Answers — Department of Finance: Mortgage Lending (16 Jul 2020)

Pearse Doherty: 22. To ask the Minister for Finance if he has communicated with retail banks regarding the treatment of mortgage applications. including joint applications, whereby such applications are rejected or approvals in principle withdrawn in cases in which one or both applicants are in receipt of payments through the temporary wage subsidy scheme despite no reduction in pay or hours; and if he will...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Jul 2020)

Pearse Doherty: 43. To ask the Minister for Finance if the temporary wage subsidy scheme will be amended to ensure that employers will not lose a portion or all of the wage subsidy in cases in which an employee works additional hours in comparison to those worked and reflected in January and February payroll submissions, particularly in terms of seasonal work; if he will consider allowing the calculation of...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I have raised this issue twice now. This is the third and, I hope, last time I will raise it. The Minister of State did not respond to it the first two times. I refer to the guarantee scheme. How will the Government ensure that lending from the SBCI to the pillar banks - more than likely at zero interest, given the lending capacity and the credit rating of the EIB - will not be lent on to...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: The Minister said in response to my question about the banks profiteering from the EIB guarantee scheme that there will be a memorandum of understanding between the relevant parties. I presume the relevant parties in this case are each pillar bank and the SBCI. Has that memorandum of understanding been drafted? Will it be laid before the Houses? Does it actually prevent the banks from...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I move amendment No. 1: In page 4, between lines 32 and 33, to insert the following: “(2) Payments referred to in subsection (1) may be paid out of the Central Fund, or the growing produce thereof, subject to a resolution passed by Dáil Éireann.”. I still would like to hear from the Minister about what guarantees or protections there are for the Irish...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I wish to raise a point that my colleague in the Seanad, Senator McCallion, has raised quite a lot about the supports that are there. What the Minister of State says about it being outside the jurisdiction and that it is a European fund for European companies is all fair in a normal scenario. This, however, is not a normal scenario. We are dealing with Brexit, with a part of our island...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I have one final question on this matter. It relates to the pillar banks' ability to use this guarantee to lend. They can lend to SMEs and larger companies. We went through that and through my concerns about how it needs to be targeted earlier. Will the banks be able to use this guarantee to lend only to companies that are tax-resident within the State? Will they have the capacity to...

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages (15 Jul 2020)

Pearse Doherty: I thank the Acting Chairman for facilitating the brief adjournment during which we could speak to the Minister of State and the officials. I thank the officials for their engagement with myself and others on this Bill, and for any notes that were sent to us. On section 2, I will focus, particularly at this point, on the EIB guarantee fund. I understand the total amount we are likely to...