Results 12,161-12,180 of 27,945 for speaker:Michael McGrath

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: We have not done that yet, however.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: I have just a few more questions. Does Revenue have sufficient powers in respect of tackling offshore activity and dealing with the associated assets, structures and transactions? Does it have all the powers it needs?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: In the context of the phrase "by and large", what has Revenue sought that it has not got?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: Overall, Mr. Cody appears satisfied with the powers available to the Revenue Commissioners. Is that the message I am hearing?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: Mr. Cody could say he is satisfied with them for now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: It is a serious question. I would like to know whether Mr. Cody is satisfied with the powers available to the Revenue Commissioners. If not, we could explore and press the matter further.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: If I may, I will raise two unrelated issues. I appreciate Mr. Cody has not received notice of them and if he needs to revert to me with a reply, that will be fine. Does Mr. Cody have any observations to make on the Tax Appeal Commission system? I accept the commission is entirely independent of the Revenue. I read a briefing from the Irish Tax Institute raising serious concerns about the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: They are clocking up interest while they are in the logjam. Is that not the case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: Mr. Cody may recall correspondence I sent on fraud in the area of flat-rate addition VAT in the poultry sector. He will be aware of the general allegations that were made. Is he satisfied that the Revenue Commissioners have fully investigated the allegations of fraud and carried out a comprehensive and thorough assessment of the issue and reached a conclusion?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: Having examined the details and the file, is Mr. Cody satisfied that the practice did not amount to fraud?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: Was it revenue fraud?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Michael McGrath: Will Revenue be the only and final arbiter on the question of whether a practice or an activity is revenue fraud? Does that decision rest exclusively with Revenue? Is it the case that no one else can make that decision because Revenue is the policeman for revenue fraud?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2017 (29 Nov 2017)

Michael McGrath: I thank the Minister of State for his presentation. The significant shortfall of €1.377 million seems to be due to the payment of fees to counsel. Will the Minister of State or his officials explain the following? How are counsel paid by the Office of the Director of Public Prosecutions? Is a panel established for the selection of counsel? Is an hourly rate paid and applied across...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2017 (29 Nov 2017)

Michael McGrath: Is a brief fee paid to counsel for taking a case and preparing by studying the file, etc? Is the daily rate for senior counsel €1,500?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2017 (29 Nov 2017)

Michael McGrath: Does the term "daily refresher" refer to the per diemor daily rate?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2017 (29 Nov 2017)

Michael McGrath: The explanation given for the shortfall is the financial trials, but that is just one aspect.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2017 (29 Nov 2017)

Michael McGrath: Are the fees paid by the Office of the Director of Public Prosecutions the standards rates that apply?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2017 (29 Nov 2017)

Michael McGrath: Is it the Minister of State's view that the DPP's office is adequately resourced? What is his view on the length of time it takes for decisions to be reached? We often hear on the news about files being prepared and sent to the DPP. Is the length of time it takes for the DPP to make a decision in individual cases regarding whether to prosecute dependent on resources? To what extent is the...

Written Answers — Department of Finance: Pension Provisions (28 Nov 2017)

Michael McGrath: 126. To ask the Minister for Finance the status of an application for approval from the Revenue Commissioners for a legacy pension for a person (details supplied) in County Cork to be transferred in order to allow the setting up of a personal retirement bond. [50476/17]

Written Answers — Department of Finance: Financial Services Regulation (28 Nov 2017)

Michael McGrath: 127. To ask the Minister for Finance if there is an obligation on the financial service provider to inform persons it plans to unveil a new product or enhance an existing product, both of which would be very beneficial to the person concerned in circumstances in which a person is making a significant decision on same; and if he will make a statement on the matter. [50478/17]