Results 16,501-16,520 of 26,050 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No, 2003.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No, it's called the budget. It's for the year 2004, which was announced in December 2003.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No, no, it's you ... you announced in your budget in December 2002 that there would be no exceptions for reliefs on capital allowances for all these various schemes beyond December 2004. You then came along in your budget, two thousand and ... December 2003, which is for the following year, you said that "I have been bombarded by demands...". And, within that budget, you extended all the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: AAA01800 type: 1 --> No, no, no, the December ... the budget that you announced in December 2002, which was for the '03 year, you stated categorically that you were not going to extend the reliefs beyond the termination date that was coming up, which was the end of 2004-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: -----and then came along the following year and you stated:Last year I announced the termination of a series of major tax reliefs from the end of 2004. Since then I have been bombarded by demands to revisit that policy, especially in the case of one particular relief. Now I looked back on the committees, the meetings you had with various groups - and, Chairman, if I could refer you to Vol....

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: That's the previous budget, Mr. McCreevy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: It is.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: Which was the 2004 budget-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: -----which is the one I'm reading from.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No. You announced the termination of budget '03.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: No, no, I'm not. No, no, I'm ... I'm categorical on this, Mr. McCreevy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: The budget that you ... I can refer you to ... The budget was, your budget that you announced in December 2002 would be known as the budget for 2003, and you were a seasoned Minister for Finance. And in that budget 2003, you stated that-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: The question is ... I suppose, in the time break, Mr. McCreevy, you might just check the-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: -----the last two budgets you brought in. One ... the first ... the second last budget, you announced in December 2002, which was for the 2003 year, which you stated that you would be terminating all the reliefs at the end of December 2004, which was the signal date. And then in your final budget, which was December 2003, which was for 2004, you stated that your intention was to terminate...

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: That was in your second last budget, for one or ... for one or two of the schemes you brought them forward.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: Yes. I'll leave it with you for the break, Mr. McCreevy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: Thanks, Chairman.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: I'll hand it to you here that you can read it and I'll read from the Dáil record as well for you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: Is the thing highlighted in yellow?

Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)

Kieran O'Donnell: So, from the Dáil record on 3 December which is the date you delivered the budget. You say:On tax reliefs, last year I announced the termination of a series of major tax reliefs from the end of 2004. Since then, I have been bombarded by demands to revisit that policy, especially in the case of one particular relief. And that's what is there. So the question I'm asking, you extended...