Results 15,461-15,480 of 35,756 for speaker:Pearse Doherty

Leaders' Questions (16 May 2018)

Pearse Doherty: The information that is at the disposal of the Minister for Health and the Minister for Justice and Equality about the advice the former Minister for Health received on not proceeding with mandatory open disclosure is within the Government's own Departments. It can and should be published and there should be full transparency. We need to know why the Taoiseach did a U-turn on this issue...

Other Questions: Tracker Mortgage Examination (16 May 2018)

Pearse Doherty: On the issue of staff loans, I received an email this morning from an employee in Bank of Ireland and it is quite interesting given the revelations in the national media this morning that Bank of Ireland's chief who has a mortgage of €2.8 million is servicing that mortgage with a payment of €1,400 per month. That is less than the current average rent in Dublin and it shows how...

Other Questions: Tracker Mortgage Examination (16 May 2018)

Pearse Doherty: 11. To ask the Minister for Finance the latest engagement he had with the Central Bank on tracker mortgage issues; if he raised the issues of prevailing rate customers, customers of a building society who have not returned to a tracker mortgage, staff tracker mortgages in a bank (details supplied) and other groups still not deemed to be impacted on by the matter; and if he will make a...

Other Questions: Tracker Mortgage Examination (16 May 2018)

Pearse Doherty: Last week the Central Bank told us that it was still in discussions with some financial institutions on some categories or groups of victims in the tracker mortgage scandal. We know how pressure has been brought to bear on the financial institutions, at a political level from the Minister's Department or by the stories of the victims. However, I am concerned that we are not yet done in...

Other Questions: Tracker Mortgage Examination (16 May 2018)

Pearse Doherty: The prevailing rate has been a serious bone of contention for many individuals. My colleagues on the finance committee and I have quizzed all of the financial institutions about the prevailing rate, where they accepted that a customer should be on that rate, but it was 3.5%. What they came up with was ridiculous and we queried it with the Central Bank. When officials of the Central Bank...

Other Questions: Corporation Tax (16 May 2018)

Pearse Doherty: 8. To ask the Minister for Finance if the billions of euro of intangible assets onshored during the period when there was no limit on the ability of companies to use these assets to write off tax liabilities will be taxed going forward; and if he will make a statement on the matter. [21436/18]

Other Questions: Corporation Tax (16 May 2018)

Pearse Doherty: In 2015, the Minister's predecessor made a bizarre move when he decided to allow that 100% of the intangible assets of a company could be written off against profits. The result was a massive onshoring of intangible assets. It effectively cancelled out billions of euro of profits for tax purposes. There is no reason this huge mistake cannot be rectified. We know from Mr. Seamus Coffey...

Other Questions: Corporation Tax (16 May 2018)

Pearse Doherty: I have raised this with the Minister on numerous occasions. I argued passionately at the Oireachtas Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach that while reintroducing the 80% cap was a positive step, allowing the intellectual property that was being brought onshore to continue to claim the 100% was wrong. It is costing the State €750 million. The...

Other Questions: Corporation Tax (16 May 2018)

Pearse Doherty: It is not necessarily the timing of taxation. These companies are highly mobile. Companies could defer their liabilities for ten years and there is no guarantee that they will be here in ten years or that the structure of the companies would mean that the taxation would be available then. They could move their profit centre to some other jurisdiction. Let us not pretend that is not a...

Ceisteanna - Questions - Priority Questions: Budget Targets (16 May 2018)

Pearse Doherty: That is the Minister's decision.

Ceisteanna - Questions - Priority Questions: Budget Targets (16 May 2018)

Pearse Doherty: It is not.

Ceisteanna - Questions - Priority Questions: Budget Targets (16 May 2018)

Pearse Doherty: We need a table showing the components of the €1.8 billion.

Ceisteanna - Questions - Priority Questions: Budget Targets (16 May 2018)

Pearse Doherty: For clarity, because this will go on for months, there is €1.8 billion of precommitted expenditure since the summer economic statement. What are the components? The Minister said that €700 million is commitments since then, €400 million is the public service agreement and €300 million is carryover, but that does not add up to €1.8 billion.

Ceisteanna - Questions - Priority Questions: Budget Targets (16 May 2018)

Pearse Doherty: I do not want to use my priority question month on month just to try to elicit simple information. We have the legal parameters under the fiscal rules which we know is the fiscal space. That was identified as €3.2 billion. Government decisions on whether to use all of the fiscal space are a separate matter and I am not asking the Minister about policy choices at this point in time....

Ceisteanna - Questions - Priority Questions: Budget Targets (16 May 2018)

Pearse Doherty: I thank the Minister for that clarity. We all need to know what are the figures. Can he also clarify that the €1.8 billion based on last year's figures, which may increase or decrease when we see the summer economic statement, already takes into account the €500 million the Government intends to put into a rainy day fund? While that is a policy proposal with which I do not...

Ceisteanna - Questions - Priority Questions: Budget Targets (16 May 2018)

Pearse Doherty: 4. To ask the Minister for Finance the resources available to him in budget 2019 based on known data; the way in which it has changed from the €3.2 billion cited in the summer economic statement 2017; his plans to use these resources to build a sustainable economy; and if he will make a statement on the matter. [21510/18]

Ceisteanna - Questions - Priority Questions: Budget Targets (16 May 2018)

Pearse Doherty: I want to focus on the parameters for budget 2019. The most important discussion to be made is how we can use the scope provided by the proceeds of labour to deal with the big issues and challenges we face, including the health crisis, the housing crisis and the cost of living crisis. To do this we need to know what the parameters are. Last year in the summer economic statement it was...

Written Answers — Department of Finance: Corporation Tax Regime (16 May 2018)

Pearse Doherty: 30. To ask the Minister for Finance if he will amend the tax code in budget 2019 in order that the bailed out banks will commence paying corporation tax by introducing a 25% cap on losses that can be carried forward and a ten-year time limit in which losses must be used up. [21434/18]

Written Answers — Department of Finance: Insurance Compensation Fund (16 May 2018)

Pearse Doherty: 46. To ask the Minister for Finance when claimants in relation to a company (details supplied) will receive compensation; the reason there are ongoing delays; and if he will make a statement on the matter. [21435/18]

Written Answers — Department of Finance: Legislative Programme (16 May 2018)

Pearse Doherty: 47. To ask the Minister for Finance his plans with regard to the creation of a rainy day fund; and if he will make a statement on the matter. [21437/18]