Results 14,041-14,060 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: Tax Code (7 Feb 2017)

Michael McGrath: 191. To ask the Minister for Finance the details of the approval process within NAMA of the use of the section 110 tax structure; if the attention of the NAMA board was drawn to the use of it and if it approved the structure; and if he will make a statement on the matter. [6045/17]

Written Answers — Department of Finance: Tax Code (7 Feb 2017)

Michael McGrath: 192. To ask the Minister for Finance when his attention was drawn to the fact that NAMA was using the section 110 tax structure; and if he will make a statement on the matter. [6046/17]

Written Answers — Department of Finance: Tax Code (7 Feb 2017)

Michael McGrath: 193. To ask the Minister for Finance if his attention has been drawn to whether any other State bodies or agencies, apart from NAMA, under his Department's remit have been using the section 110 tax structure; and if he will make a statement on the matter. [6047/17]

Written Answers — Department of Housing, Planning, Community and Local Government: Mortgage to Rent Scheme (7 Feb 2017)

Michael McGrath: 278. To ask the Minister for Housing, Planning, Community and Local Government if he will address a matter (details supplied) raised in correspondence regarding the terms of the mortgage to rent scheme; and if he will make a statement on the matter. [5745/17]

Written Answers — Department of Foreign Affairs and Trade: Brexit Issues (7 Feb 2017)

Michael McGrath: 337. To ask the Minister for Foreign Affairs and Trade the composition of the European Union's team that will be engaged in the Brexit negotiations; and if representatives of the Government will be directly involved in those negotiations. [6024/17]

Written Answers — Department of Foreign Affairs and Trade: Brexit Issues (7 Feb 2017)

Michael McGrath: 338. To ask the Minister for Foreign Affairs and Trade if the final terms of the United Kingdom's departure from the European Union will need to be ratified by Dáil Éireann. [6025/17]

Written Answers — Department of Foreign Affairs and Trade: Humanitarian Aid (7 Feb 2017)

Michael McGrath: 348. To ask the Minister for Foreign Affairs and Trade if the Government has been approached to provide funding for a programme (details supplied); the position of the Government on this issue if approached; and if he will make a statement on the matter. [5952/17]

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Sick Leave (7 Feb 2017)

Michael McGrath: 356. To ask the Minister for Public Expenditure and Reform if he will address a query (details supplied) regarding the policy on sick leave for public servants; and if he will make a statement on the matter. [5441/17]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: The Minister and his officials are very welcome. In speaking about the Commission's decision a few moments ago, the Minister said there was a mix of tax law and politics. Is he saying the Commission has an agenda against Ireland in respect of corporation tax? Can the Minister clarify what he means by saying a mix of tax law and politics was at play?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: Fair enough, but-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: The question is how the politics influenced their decision, if at all. Does the Minister accept that from the Commission's point of view the decision was based on its interpretation of state aid rules and how they related to Ireland's application of tax law to Apple? What role did politics play? The Minister raised the issue. He said it was a mix of tax law and politics. I am trying to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: Does the Minister have confidence that the court will adjudicate purely on the basis of law?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: Is it the Minister's assessment that because it is not common-law-based, it diminishes our chances of winning the appeal?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: The Commission's estimate is of €13 billion plus interest to Ireland. The authorities here have been looking at that since September. The Minister gave us some context in his opening remarks but can he clarify the emerging indications on that? Is there a solid basis for the estimate of €13 billion based on the Commission's decision? The Minister disagrees with the basis of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: Are there any indications about the interest aspect of it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: Has the decision raised any difficulties for Ireland in terms of other multinationals who might now question the issue of tax certainty? I refer to companies which have been given an advance Revenue opinion but which now see it retrospectively overruled by the European Commission under state aid rules. Does it undermine certainty around our corporation tax offering that a case of this...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: It emerged yesterday that NAMA had paid €158 million following the closing of the loophole around section 110 companies and that this preliminary tax liability related to its profits from September to December of last year. Given that it is a State agency, this is essentially a circular transaction but it has wider significance in that it calls into question the amount of tax that has...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: What does it indicate about the amount of tax that has been forgone through the use of section 110 companies? If it was €158 million for four months for NAMA-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: On a point of information, the example Deputy Doherty gives of widgets relates to an Irish-incorporated, Irish-resident company. The Apple issue relates to two non-resident companies. There is a fundamental distinction. We can argue about where they should be resident but that is the point.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Michael McGrath: Deputy Doherty should have added that in.