Results 15,821-15,840 of 27,019 for speaker:Michael Noonan

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: Neither did the people in the committee who got up on their high horse-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: There is no negotiation. The Revenue did not do any deals. We will work internationally through the OECD and with any other international body. I actually sent a letter to Commissioner Semeta who is in charge of tax and we then wrote jointly to every colleague in the European Union. We agreed there were six areas of tax avoidance that had to be addressed during the Irish Presidency. We...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: The most recent figures I have are the end of April figures which are for the first four months of the year. The revenues up to the end of April are up €145 million, 1.3%, year on year. They are broadly on profile. They are €7 million below the budget estimates on the basis of the monthly profiles. There are variations within those figures. The year-on-year growth was...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: As I said, we do not yet have an analysis but since multiple property owners have to register electronically they would be back-loaded rather than front-loaded because the electronic compliance date is the end of this month. In theory, the preponderance of people who are filing these days are those with multiple properties because that is the requirement under the Act.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: Yes. The advice note stated that those with one property could file by returning a form or, alternatively, electronically. That choice was not given to people with multiple properties.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: I told the Deputy that of the 1 million returns filed, 70% were done so electronically and 30% were paper.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: In the advice note, the requirement on people with multiple properties was to file electronically. They have another period of time to comply. My assumption is that the bulk of those filing until the end of the month will be multiple property owners. Local authorities are not due to pay until 1 January 2014. The second Bill we introduced made a series of concessions and that was one of...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: It is the other way around.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: No, the Deputy misunderstands me. He asked two questions. First, he asked for the breakdown, which I gave him. Second, he asked whether local authorities were included in the figures. The answer is that they are not because they do not have to pay until 2014.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: They will register in due course in bulk when they register all their properties. They are not included in the figures. There were two requirements. One could file on paper or electronically. If one had multiple properties-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: -----there was a requirement to file electronically. However, one was given extra time to do so.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: That is not the point I am making. Many of those outstanding will be multiple property owners because they were given extra time to file electronically.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: No.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: There is a very high level of compliance with corporation tax. A small number of companies pay large amounts of tax. The current controversy is very unfair to the tax situation in Ireland. Every company in Ireland which is liable to pay 12.5% on the profits they earn in Ireland is paying it. It is a very tax compliant country. Many of the profits made by multinational companies are not...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: I covered that in reply to a previous question. It is part of the economic-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: I know that. I would say the Deputy still has his first communion money.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: The provision for the Office of the Comptroller and Auditor General has been maintained at 2012 levels because the office has assumed new NAMA responsibilities. We want to make sure the costs are covered.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: We will get that for the Deputy in a moment.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: There is the black economy but there is also the smuggling of diesel, cigarettes and other excisable items. Obviously, Revenue is focusing on that. The black economy always increases as the economy starts to grow, particularly in the early stages of the stabilisation of the home economy. I suppose it is better to have people working. We need them to work in the white economy, if I can...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: I had a conversation with the chairperson of Revenue at a very early stage, when approximately 20,000 returns had been received. I would not think the indicators at that time were accurate.