Results 16,021-16,040 of 36,326 for speaker:Pearse Doherty

Written Answers — Department of Justice and Equality: Garda Deployment (17 May 2018)

Pearse Doherty: 111. To ask the Tánaiste and Minister for Justice and Equality the number of new Garda recruits assigned to each Garda station in the Donegal division in each of the years 2012 to 2017, and to date in 2018, in tabular form; and if he will make a statement on the matter. [21783/18]

Committee on Budgetary Oversight: Corporation Tax Regime: Discussion (16 May 2018)

Pearse Doherty: The point Mr. Coffey made earlier in his opening statement on how taxable income is determined is good advice to the committee. It is better than arguing on whether it should be 12% or 8%. Much of that is because of how we calculate taxable income. People may suggest taxable income which is not calculated as taxable income should be calculated as such and, accordingly, come up with...

Committee on Budgetary Oversight: Corporation Tax Regime: Discussion (16 May 2018)

Pearse Doherty: On that suggestion in terms of a recommendation on the level of claims, caps and so on, I agree with Mr. Coffey's proposal that we should be doing this annually or at least biennially because there have been dramatic shifts in terms of research and development tax credits in recent years and we need to keep up to speed with them. Is Mr. Coffey familiar with the document dump, one of those we...

Committee on Budgetary Oversight: Corporation Tax Regime: Discussion (16 May 2018)

Pearse Doherty: The knowledge development box was supposed to complement the research and development tax credit. We have learned that there has been a very low rate of pick-up this year. It was confirmed to me by the Patents Office that not a single small or medium enterprise, SME, has applied for the scheme. We were told that the knowledge development box would be a major benefit for SMEs but none has...

Committee on Budgetary Oversight: Corporation Tax Regime: Discussion (16 May 2018)

Pearse Doherty: There are two different topics I want to discuss on a separate issue. It is the issue of intangible assets. It may not be one of Mr. Coffey's main recommendations but one that I picked out of the report on the day it was published was the reintroduction of the 80% cap for the writing-off of intangible assets against profits. We are glad that the Finance Act acted on that issue. I have...

Committee on Budgetary Oversight: Corporation Tax Regime: Discussion (16 May 2018)

Pearse Doherty: As someone who has looked at this in detail and who has provided a lot of information to us as legislators, an argument has been made that this could cause reputational damage among companies that brought their intellectual property or intangible assets onshore at a time when the tax code said that they would have a 100% write-off against future profits. Would it not be bad form of the...

Committee on Budgetary Oversight: Corporation Tax Regime: Discussion (16 May 2018)

Pearse Doherty: I call on Mr. Coffey to comment on this point. This is my final question but this point is tangential. My colleagues have discussed the concentration of corporation tax receipts. It is well known that nine companies or groups account for nearly 40%. There is an argument that we should not be using those receipts, or at least a certain portion of them, on repeated expenditure or tax cuts....

Committee on Budgetary Oversight: Corporation Tax Regime: Discussion (16 May 2018)

Pearse Doherty: I will finish in ten seconds, Chairman. Given the volatility of corporation tax receipts, would it not be advisable to ensure those receipts are used not for recurrent expenditure or tax cut but to deal with the catch-up requirements of the economy? For example, should they be used to build the houses that we need to meet demand? Should they be used for other investment that was...

Questions on Promised Legislation (16 May 2018)

Pearse Doherty: The data published this morning by daft.ieshows that more than half of all rental properties in Dublin are being listed as short-term lets. That is something we in Sinn Féin and Deputy Eoin Ó Broin have focused on in particular. We are concerned that professional landlords with multiple listings are misusing the system and using short-term platforms to boost their profits. We...

Leaders' Questions (16 May 2018)

Pearse Doherty: Over the past 24 hours we have learned that two women with cervical cancer who had contacted CervicalCheck in 2016 were refused direct access to the results of the audit of their smear tests. This information is contained in a letter from CervicalCheck to the chief medical officer, Dr. Tony Holohan, in October 2016. A separate memo in March 2016 says that doctors were told to use their...

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.