Results 14,941-14,960 of 34,627 for speaker:Seán Fleming
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: Of course.
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: About charities.
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: Yes.
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: Yes.
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: Finally, the last topic is the knowledge box and intellectual property, which we have mentioned a few times. The sector only started off last year and Revenue has said there was possibly only €5 million of taxable income or tax liability involved. In terms of companies that are entitled to half the corporation tax rate - 12.5% rate - such companies are entitled to the 6.25% tax rate....
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: On the income earned from the knowledge box - 6.5%. To get there, the companies have had to be able to get the benefit of the 25% and 12.5% rates, which brings the percentage to 37.5%. Am I right in saying that? That is the impression we were given at our meeting this morning.
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: I am only talking about what does qualify.
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: If there is a 37.5% allowance against the figure of 6.5%, effectively the top rate of tax on the income generated from the knowledge box that meets the requirements will be 6.25% by 0.625, which is 3.9%. Companies that qualify will only be liable for corporation tax on the income derived from that source to a maximum of 3.9%. Am I right?
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: Mr. Hession understands my argument.
- Public Accounts Committee: Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed) (22 Feb 2018) Seán Fleming: I am only speaking about the part that is relevant to corporation tax. I mentioned the research and development tax credit. To give the figures for the research and development tax credit, the amount offset against the corporation tax liability in 2013 was €185 million; in 2014, €227 million; in 2015, €349 million, and in 2016, €434 million, giving a total of...
- Questions on Promised Legislation (21 Feb 2018)
Seán Fleming: The Taoiseach should be keenly aware of the housing shortage and the need for more houses to be built. The Minister for Finance has said he is dealing with the home building finance Bill and an agency to lend to those involved in residential house construction on terms and conditions equivalent to the commercial market from banks. I note that while the Bill is listed as priority legislation...
- Written Answers — Department of Finance: Tax Credits (21 Feb 2018)
Seán Fleming: 82. To ask the Minister for Finance the amount of the total provided by way of a reduction in corporation tax payable in respect of research and development tax credit; the amount provided by way of refundable credit in each of the years 2013 to 2016; and if he will make a statement on the matter. [8921/18]
- Written Answers — Department of Finance: Tax Credits (21 Feb 2018)
Seán Fleming: 84. To ask the Minister for Finance the amount of research and development tax credits availed of in bands (details supplied) in each of the past four years; and if he will make a statement on the matter. [8934/18]
- Order of Business (20 Feb 2018)
Seán Fleming: This is not the same topic. This is a joke.
- Order of Business (20 Feb 2018)
Seán Fleming: That is not the same topic.
- Public Accounts Committee: Business of Committee (15 Feb 2018)
Seán Fleming: We are joined by the Comptroller and Auditor General, Mr. Seamus McCarthy, as a permanent witness to the committee. He is joined today by Mr. Brian Hill, senior auditor. The first item on our agenda is the minutes of the meeting of 8 February 2018. Are they agreed? Agreed. I have received apologies from Deputy Mary Lou McDonald. The next item on the agenda is matters arising from the...
- Public Accounts Committee: Business of Committee (15 Feb 2018)
Seán Fleming: Is that a special report?
- Public Accounts Committee: Business of Committee (15 Feb 2018)
Seán Fleming: It may be before the summer. We do not have a date of publication.
- Public Accounts Committee: Business of Committee (15 Feb 2018)
Seán Fleming: Will the special report deal with the substantive issues? Will it deal with the interaction between the university and the Office of the Comptroller and Auditor General? Does it deal with the internal audit report and the recommendations? Does it deal with all of these or just some of them?
- Public Accounts Committee: Business of Committee (15 Feb 2018)
Seán Fleming: We will come back to it, but we cannot set a date yet.