Results 1,621-1,640 of 35,540 for speaker:Pearse Doherty

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: I move amendment No. 2: In page 8, between lines 15 and 16, to insert the following: “(3) Without prejudice to the generality of subsection (1), the Future Ireland Fund investment strategy shall have regard to the promotion of the economic development and stability of the State, across sectors including but not limited to housing, infrastructure, energy and water.”.

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: I made the point that there may be a slightly lower return from domestic investment than from international investment. The NTMA will feel it has to get the most competitive returns available, even though there is an opportunity cost lost. Amendment No. 2 does not direct it to invest in the domestic economic development or sectors such as housing, infrastructure, energy and water. It...

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: Deputy Nash outlined the substance of his amendment. My amendment is very similar. It relates to the investment strategy under the Future Ireland Fund and would provide a focus for the investment strategy with respect to the Future Ireland Fund towards domestic investment in the State. As I outlined on Committee Stage and Second Stage, I believe the establishment of funds is appropriate....

Ceisteanna ó Cheannairí - Leaders' Questions (15 May 2024)

Pearse Doherty: Hear, hear.

Ceisteanna ó Cheannairí - Leaders' Questions (15 May 2024)

Pearse Doherty: Hear, hear.

Ceisteanna ó Cheannairí - Leaders' Questions (15 May 2024)

Pearse Doherty: Hear, hear.

Written Answers — Department of Children, Equality, Disability, Integration and Youth: Mental Health Services (15 May 2024)

Pearse Doherty: 138. To ask the Minister for Health further to Parliamentary Question No.1542 of 9 April 2024, when a full HSE reply will be issued; and if he will make a statement on the matter. [22050/24]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: I welcome Mr. Cody and the officials from Revenue. I was at another meeting, so the witnesses may have already answered some of the questions I am going to ask. If they have, they can skip over the relevant questions and I will look at the transcript for what I missed. I have quite a number of questions. I will try to get through them as quickly as possible. I also have a couple of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: Is it entirely written off or can some of it come back via bankruptcy?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: It will be a small amount compared with what it was at first. I presume a risk analysis was carried out in the early days. You were looking at these type of numbers and you would be in a good position, given the pandemic and all the rest.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: Tighten your belt and hope for the best.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: I appreciate that. Different interest rates are applied by Revenue. For income tax, capital gains and corporation tax, the rate is 8%. It is 10% for employers' tax and VAT. Has Revenue done any recent analysis on how those rates correspond with other advanced EU countries? In the North, for example, rates are not static. They change relative to the Bank of England's base rates. What...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: It gives an insight into real-time behaviours of businesses when they get that flexibility.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: Not everybody went for it. Not everyone went for the 0%, as Mr. Cody said. Some are paying up. If we look at Irish real estate fund, IREFs, the assets they hold have increased dramatically. In 2022, assets held by IREFs stood at €28.1 billion. It was less than one third of that in 2018. It is a 14% increase on the previous year but a 209% increase on 2019. There has been an...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: When does Mr. Cody think that will be completed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: This has been going on for a couple of years. I have been raising it with the Minister. I am glad he has finally asked for a formal review. The Revenue Commissioners looks at this all the time. We are not talking about small companies. Earlier, we were talking about SMEs which have tax warehoused. Some warehoused tax is just a couple of hundred euro. We are not talking about that - we...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: We know all about that. That is where we brought in the dividend withholding tax.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: It is our job to ensure that does not happen. Whatever about the funds industry and the vehicles it uses to have no tax liability, when we are talking about IREFs we are talking about property in this State in respect of which we have the primary taxing right. It should never have been the case that they escaped tax. By introducing the dividend withholding tax, we have started to tax them,...