Results 1,481-1,500 of 4,810 for speaker:Liam Twomey
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: One might pay the tax next year but one will have got the money this year.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: It is not the approach to policy.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: The Deputy has the figures. He is quoting figures. They did not fall from the sky.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: They are freely available.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: He is painting a picture that-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: Sorry, Chairman.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: If there is a company such as the one Deputy Boyd Barrett mentioned that is not making any active contribution, it is not a matter we should discuss during the passage of the Finance Bill but it is one that we should follow up. We should get more information on that company.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: I just wish to make a quick comment. Such a tax was introduced in Sweden and many financial services companies left for London. The law was then rescinded-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: I refer to Deputy Róisín Shortall's contribution on tax reliefs and tax forgone. There is an obligation to include in tax returns a note on the availing of one of these tax reliefs. To some degree, therefore, Revenue can gauge the amount of tax forgone. I may be mistaken, but this was provided for in a previous Finance Act. Deputy Boyd Barrett referred to financial transactions...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: My interpretation is that usually the amounts on the invoices are not significant. One could extend that argument to say that everyone going to see the dentist or doctor should have his PPS number on the receipt as well.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: I suggest the Deputies examine paragraph 6(1) of Schedule 1 to the Value-Added Tax Consolidation Act 2010.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: I left it in my office.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: Anyone in receipt of Government moneys must have a tax clearance certificate. Let us say, for instance, a grant is given to a HSE-funded organisation and that organisation then does business with another organisation. Everyone in that chain must have a tax clearance certificate, as I understand it. If a business is big enough, it would be registered for VAT because it would be claiming VAT...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: I very much welcome this measure. I live in a county where a significant number of international transport operators are based. From internal party discussions I am aware that Deputy Áine Collins promoted the issue as well. To follow on from what Deputy Dooley said, the section states that national and international road hauliers will benefit. Is Deputy Dooley referring to cases...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: There are very few of those.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: It will be extended to all farmers. What the Minister set out is progressive. It relates to international transportation first and then it was extended to national transportation. The measure is extensive as it stands.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: Am I correct in my interpretation?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: The amendment was tabled on behalf of the Irish Cancer Society which argues that cigarette manufacturers are able to make excessive profits in Ireland as a result of current tax structures. The changes provided for in the amendments the society asked Deputies to table will, it argues, hit the profits of cigarette manufacturers harder than they will hit tax revenues from cigarettes. They...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Liam Twomey: The section deals with farm restructuring. An issue relating to lands acquired by compulsory purchase order, CPO, and roll-over relief was raised by a number of my constituents. This is not covered by the legislation, but is there an opportunity to consider the provision of roll-over relief for persons whose farmland has been the subject of CPOs in order that they can reinvest the money...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)
Liam Twomey: Let me ask the Minister to prepare a briefing note on these provisions for members of the committee.