Results 14,881-14,900 of 27,076 for speaker:Richard Boyd Barrett

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...

Knowledge Development Box (Certification of Inventions) 2016 [Seanad]: Report and Final Stages (29 Mar 2017)

Richard Boyd Barrett: We debated quite a bit of this on Committee Stage so I will not delay excessively. I will reiterate briefly the reasons we have tabled a series of amendments to this Bill and more generally why we will, at the end of this process, be opposing this Bill and calling for a vote on it. I indicated this on Second and Committee Stages. This Bill, which will probably go largely unnoticed by...

Report of the Committee of Public Accounts re National Asset Management Agency’s sale of Project Eagle: Motion (29 Mar 2017)

Richard Boyd Barrett: I wish to start not with the detail that has been discussed but the bigger picture at stake in all of this. There was a report by Jim Power which received some publicity on Sunday. With all the news of Garda matters and the bus strike, it has been somewhat drowned out. This is very unfortunate because what the report suggests is pretty explosive and makes even the Apple scandal pale in...

Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann: Discussion (Resumed) (29 Mar 2017)

Richard Boyd Barrett: Perhaps we could just add an extra ten or 15 minutes.

Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann: Discussion (Resumed) (29 Mar 2017)

Richard Boyd Barrett: I have just come from the demonstration by the bus workers. One of the bus workers told me that if Bus Éireann gets what it is looking for the workers will lose hundreds of euro a week. The workers cannot do this. Does the Minister accept that they cannot do this and therefore they have no choice but to escalate this dispute? If we are looking at an escalating, prolonged dispute by...

Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann: Discussion (Resumed) (29 Mar 2017)

Richard Boyd Barrett: It is not a level playing field with the private operators against Bus Éireann because it has to carry a range of responsibilities.

Joint Oireachtas Committee on Transport, Tourism and Sport: Bus Éireann: Discussion (Resumed) (29 Mar 2017)

Richard Boyd Barrett: It is getting less subsidy for the free travel scheme than private operators. These private operators are running Bus Éireann out of business and the Minister is allowing that to happen.