Results 14,701-14,720 of 26,902 for speaker:Richard Boyd Barrett
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I move amendment No. 8:In page 15, between lines 3 and 4, to insert the following: “Review and scrutiny 19. The Minister shall ensure appropriate annual information exchange between the Department of Jobs, Enterprise and Innovation and the Office of the Revenue Commissioners in order to facilitate the publication of information on the cost of this initiative, including the cost to...
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: Did I not win that one?
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I move amendment No. 9:In page 15, between lines 3 and 4, to insert the following: “Committee scrutiny 19. An annual report on the operation of the KDB including a consideration of the intersection of the KDB with other tax expenditure measures and its impact on the delivery of an effective tax rate for corporations should be presented and discussed by the Joint Oireachtas Committee...
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I move amendment No. 10:In page 16, after line 36, to insert the following: “Intersection with wider enterprise and innovation strategy 25. (1) Companies applying for the KDB certificate should be asked to indicate at the time of application whether they are presently or have been previously in receipt of grants, subsidies, tax incentives or other enterprise or research and...
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I move amendment No. 11:In page 16, after line 36, to insert the following: “Intersection with wider enterprise and innovation strategy 25. (1) Companies applying for the KDB certificate should be asked to indicate at the time of application whether they are presently or have been previously in receipt of grants, subsidies, tax incentives or other enterprise or research and...
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I move amendment No. 12:In page 16, after line 36, to insert the following: “Intersection with wider enterprise and innovation strategy 25. Information on the level or frequency of intersection between the KDB and other enterprise or research and development initiatives is to be made available to the Minister for Jobs, Enterprise and Innovation in order to inform overall jobs,...
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: These amendments seek to do two things, to see how this knowledge development box which is a limited tax loophole, intersects with other tax loopholes that I referred to, and what is the overall benefit to the companies that benefit from this and potentially other tax loopholes. The sum total of all these loopholes, the deductions and allowances allowed to the corporate sector generally, of...
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: We will not have it.
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: The point is that we need to know. I have given the wider argument. When it comes to the budget, we need to know, and that is what these amendments seek. Whether one agrees or disagrees, there is merit in saying we need to know how much money is forgone. Choices are made in budgets, and we will have to decide whether €50 million, €100 million or whatever should be forgone...
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I move amendment No. 3:In page 14, between lines 23 and 24, to insert the following:“(3) The Minister may seek the introduction of appropriate categories or sectoral headings in respect of applications and request information from the Controller as to the proportion of applications under each heading.”.
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I move amendment No. 4:In page 15, between lines 2 and 3, to insert the following:“(h) figures in respect of the geographical or regional distribution of applications,”.
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: As a matter of interest, has amendment No. 3 been passed?
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: Thanks. I am pressing amendment No. 4.
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I am happy with the way things are going.
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: Yes.
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: The Minister of State is too late on that one.
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I move amendment No. 5:In page 15, between lines 2 and 3, to insert the following:“(h) such general information as to the operation of the scheme as may be appropriate or relevant,”.
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I move amendment No. 6:In page 15, between lines 3 and 4, to insert the following: “Review and scrutiny 19. (1) The Minister shall, as part of the annual Budget process, produce a report on the operation of the KDB including a consideration of the intersection of the KDB with other tax expenditure measures and its impact on the delivery of an effective tax rate for corporations.(2)...
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: In approximately ten or 12 minutes. The reason I will call a vote on this amendment is that there is a cost to these tax breaks and it is an important cost. I heard Deputy Lawless refer to the fact that we need this so-called knowledge development box because it will incentivise creativity and innovation. That is the argument for it. I am wholeheartedly in favour of creativity and...
- Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)
Richard Boyd Barrett: I will leave the more philosophical debate to the next group amendments. The bottom line is that this is a tax loophole, exploiting the rather vague notion of intellectual property, which was at the centre of the double Irish tax scam. This is another tax loophole revolving around the concept of intellectual property, whatever that is. That is why I say it is the double Irish mark two. It...