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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 that. Is the statement in the letter legally binding?

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 what I am trying to tease out.

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 know that.

Seanad: Order of Business (6 Dec 2018)

Rose Conway Walsh: I will change the subject for the moment. I commend the Joint Committee on Justice and Equality, which, under the chairmanship of Deputy Ó Caoláin, launched its latest report this morning. Deputy Ferris and I were present at the launch. The committee has done a wonderful job on this. The report is on Article 41.2 of the Constitution and the effort to remove or replace it. The...

Seanad: Order of Business (6 Dec 2018)

Rose Conway Walsh: We will agree to disagree.

Seanad: Order of Business (5 Dec 2018)

Rose Conway Walsh: I welcome the announcement by the Minister for Health, Deputy Harris, of a new autism plan for next year. Sinn Féin has been arguing for this for a long time. I do not know the details of the plan but I ask the Deputy Leader to invite the Minister to the House to discuss his intentions with us. It is really important that we all-----

Seanad: Order of Business (5 Dec 2018)

Rose Conway Walsh: The Minister for Health has announced a new autism plan for next year. I ask that he be invited to the House so that we can discuss the plan in detail and give him our input and views on it. We must ensure that the plan works for people with autism and their families. A recently published report from the Society of St. Vincent de Paul warns that many households are at risk of fuel poverty...

Seanad: Order of Business (5 Dec 2018)

Rose Conway Walsh: It is immediate.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: Could you please clarify the position for me, Acting Chairman? If a recommendation is out of order, can it be moved? I am speaking on behalf of Senator Alice-Mary Higgins.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: The recommendation cannot be moved. Does she have any right to present the recommendation on Report Stage?

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: Could we withdraw the amendment and reserve the right to present it on Report Stage?

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I move recommendation No. 6:In page 112, after line 42, to insert the following:“Report on restricting banks from carrying forward losses 29. The Minister shall, within 6 months of the passing of this Act, prepare and lay before both Houses of the Oireachtas a report on restricting banks from carrying forward losses against taxable profits in a manner which could result in many...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I cannot accept what the Minister of State says either. Placing a report before the Houses on restricting banks from carrying losses forward against tangible profits cannot harm the banking system. Banks should pay their fair share of tax. We are only asking for a 25% cap on the profits that can be written off against losses carried forward in any given year with an absolute ten year limit...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I am pressing it to a vote.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I move recommendation No. 7:In page 112, after line 42, to insert the following: “Report on restoring cap on intangible assets29. The Minister shall, within 6 months of the passing of this Act, prepare and lay before both Houses of the Oireachtas a report on restoring the 80 per cent cap on intangible assets onshore between 2015 and 2017 that can be written off against profits at the...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I welcome the fact that they are under review but Sinn Féin estimates that we are losing out on €750 million. On that basis we are absolutely certain we are not talking about retrospective taxation and that this is something that really needs to be done.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: We can agree to differ.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I said €750 million.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I move recommendation No. 8: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 both Houses of the Oireachtas a report on the options available to end the transition period for companies availing of the double Irish sooner than 2020.”....

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I will withdraw the recommendation and reserve the right to resubmit it on Report Stage.

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