Results 16,601-16,620 of 35,756 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)

Pearse Doherty: Let us clarify this point. Any customer who had a tracker mortgage who fixed for a three-year period and who was not offered a tracker mortgage at the expiry of the fixed period - whether that period was two years or three years is immaterial - is deemed impacted.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)

Pearse Doherty: If they fixed at the original point of the mortgage but with an entitlement in the documentation, in the mortgage form of authorisation, MFA, that they would revert to a tracker at the end of the fixed period and then, at the end of the fixed period, they fixed again, are they still entitled to tracker?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)

Pearse Doherty: The reason I say this is that, usually, the contract will state that at the end of the fixed period, the person will revert to the tracker rate. More than likely, however, at the second MFA, because trackers were withdrawn at the time, when they fixed for the second time, they would not have had that obligation. That is what we are talking about here. The reason they fixed the second time...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)

Pearse Doherty: Would the bank let the committee know if a sample case, with the detail anonymised and all the rest, is either impacted or not? Would that be appropriate? Obviously, I would need the person's permission. Is that okay?

Other Questions: Credit Unions (30 Jan 2018)

Pearse Doherty: I am record in regard to the lack of understanding on the part of the Department of Finance and, in particular, the Central Bank, in regard to the potential role of credit unions. Deputy McGrath spoke about the core issues, about which we have been talking for a number of years, including tiered regulation, fees and the credit union sector's desire to get involved in delivering the solution...

Other Questions: Credit Unions (30 Jan 2018)

Pearse Doherty: And to enable.

Other Questions: Common Consolidated Corporate Tax Base Proposals (30 Jan 2018)

Pearse Doherty: As much as the two MEPs who came before the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach did not want to acknowledge it, they had to acknowledge that Ireland has a veto on this issue. Even if President Juncker got his way and tried to implement qualified majority voting, we would still have a veto on the decision about whether we move to that point. Will the...

Other Questions: Common Consolidated Corporate Tax Base Proposals (30 Jan 2018)

Pearse Doherty: We are on the same page as the Minister on the issue of tax sovereignty. I fundamentally disagree with the way he and his predecessor provide loophole after loophole to allow multinationals to avoid paying their appropriate tax rate, which is 12.5%. We agree with the Minister on the issue of tax sovereignty. We need to have a concentrated campaign. We had two rapporteurs, people in senior...

Other Questions: National Debt Servicing (30 Jan 2018)

Pearse Doherty: The issue of the treatment of one-off proceeds is crucial, particularly with the decision to wind down NAMA. As the Government in recent years has scrambled for off-balance vehicles, NAMA can create some of the solutions. A social clause was built into the NAMA legislation but never really utilised. The idea that any NAMA surplus would be used to pay down debt at a time of severe crisis,...

Other Questions: Common Consolidated Corporate Tax Base Proposals (30 Jan 2018)

Pearse Doherty: 77. To ask the Minister for Finance the way in which he is defending Irish interests in matters of taxation in view of the move by some in the EU to harmonise and federalise tax policies; and if he will make a statement on the matter. [4313/18]

Other Questions: Common Consolidated Corporate Tax Base Proposals (30 Jan 2018)

Pearse Doherty: Last week the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach heard two MEPs discuss the proposed CCTB and CCCTB. Given what they said and given what we know the European Commission is proposing which goes beyond the CCCTB, it seems the Government is failing miserably to have any positive impact or influence on the EU or any other party to protect Ireland's...

Priority Questions: Tax Compliance (30 Jan 2018)

Pearse Doherty: 69. To ask the Minister for Finance if his attention has been drawn to concerns that have been raised regarding tax arrangements of multinationals in the State post-2014 whereby companies (details supplied) may have availed of intangible asset write-downs in the billions of euro which they may not be entitled to due to section 291A(7)(c) of the Taxes Consolidation Act; and if he will make a...

Priority Questions: Tax Compliance (30 Jan 2018)

Pearse Doherty: The economist, Seamus Coffey, has brought to light an interesting opinion that, if accurate, could mean that the potential amount due from Apple will be significantly higher than €13 billion plus interest. I am sure the Minister read his blog post or least his newspaper article last weekend. Does the Minister accept the view that the State could potentially be in receipt of more than...

Priority Questions: Tax Compliance (30 Jan 2018)

Pearse Doherty: The European Commission has ruled that Apple owes €13 billion in corporate tax to Ireland on profits earned between 2004 and 2014. However, as pointed out by Seamus Coffey, that might not be the end of the story. When the state aid decision is finally handed down by the courts, they may decide that Apple owes the State more than €13 billion plus interest and penalties and that...

Priority Questions: Tax Compliance (30 Jan 2018)

Pearse Doherty: That is another deadline missed as the Minister promised that the escrow account would be in place in the first quarter and, indeed, he previously said it would be in place before the end of last year but that is not the issue. The issue is our tax code and the restructure in 2015 after Apple was caught out by the Commission. It is clear that there cannot be a restructure for the main...

Ceisteanna - Questions: Taoiseach's Meetings and Engagements (30 Jan 2018)

Pearse Doherty: I make no criticism of the Taoiseach's decision to meet the Hungarian Prime Minister. Dialogue is important if differences are to be resolved between parties. However, the Government of Prime Minister Orbán is one of the most regressive governments in the European Union, especially in respect of its anti-Muslim and anti-immigrant policies. Did the Taoiseach raise concerns about the...

Written Answers — Department of Finance: Insurance Costs (30 Jan 2018)

Pearse Doherty: 79. To ask the Minister for Finance the legislative steps planned to tackle the ongoing high cost of insurance, especially motor insurance; and if he will make a statement on the matter. [4312/18]

Written Answers — Department of Finance: State Aid Investigations (30 Jan 2018)

Pearse Doherty: 83. To ask the Minister for Finance if he has had contact with the American Inland Revenue Service with regard to the recent state-aid judgment against a company (details supplied). [4314/18]

Written Answers — Department of Finance: Rental Sector (30 Jan 2018)

Pearse Doherty: 91. To ask the Minister for Finance if the debt levels of the State's largest landlords and other large property funds operating here will be examined to determine the risk to the property market and the wider economy. [4315/18]

Written Answers — Department of Finance: Housing Provision (30 Jan 2018)

Pearse Doherty: 103. To ask the Minister for Finance the measures he is taking through tax and credit policy to encourage the supply of rather than the demand for housing; and if he will make a statement on the matter. [4311/18]