Results 1,681-1,700 of 6,295 for speaker:Michael D'Arcy

Order of Business (28 Nov 2017)

Michael D'Arcy: We have agreed Wednesday's business.

Leaders' Questions (28 Nov 2017)

Michael D'Arcy: Yes-----

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: Last month when the Minister for Finance, Deputy Paschal Donohoe, made his Budget Statement he said that this was a budget to safeguard our national finances and to help rebalance our economy. It was a budget to promote fairness and provide for modest but sustainable improvements in people’s lives. Many of the measures to help us achieve those goals are contained in the Finance Bill...

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: I spend a lot of time here.

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: That is a compliment to Senator Wilson.

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: I will try to go through the submissions one by one. I do not know enough about the aviation point raised by Senator Buttimer. I will try to get some answers if possible. Housing, especially social housing, was something of a recurring theme in the Senators' submissions. I am glad to hear that people are also talking about affordable housing. There is a problem with housing, and much of...

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: The ratio of tax cuts to spending was agreed at 2:1. It was agreed in the confidence and supply arrangement between the Government and Fianna Fáil. I want to put it into context. I absolutely support the reduction in income taxes. The quantum of money raised by income taxes has doubled since 2011. In 2011, the State took in €11 billion in income taxes. In budget 2018, we are...

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: I assure Senator O'Donnell that bona fide management buy-out transactions will not be affected but there is a tax avoidance scheme in operation and we want to deal with that. Senator Mulherin raised the mica issue. I wish to make one other point about housing. We have a €6 billion pot for housing. We probably have a capacity issue in terms of how quickly we can try to encourage...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: That table was to be given to the Deputy and I apologise for the fact that it was not. We will get it to the Deputy as soon as possible. The joint investigation unit undertakes highly visible site visits and inspections on construction sites. The work involves the examination of contractors and employees on such sites. A key objective is to ensure that all visits are properly planned,...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: Allow me to express my condolence to Mrs. McClurg and his family. The Deputies will be aware that a consultation process on the use of intermediary-type structures and self-employment arrangements was jointly agreed by the then Minister for Finance and the then Tánaiste and Minister for Social Protection last year. This consultation invited submissions from interested parties on...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: I move amendment No. 69:In page 61, line 2, to delete "and" where it firstly occurs. Section 851A of the Taxes Consolidation Act 1997 provides for the confidentiality of the information given by the taxpayer to the Revenue Commissioners. It provides for the limited circumstances in which taxpayer information can be disclosed by the Revenue Commissioners. Amendments No. 69 and 70 are entirely...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: I move amendment No. 70:In page 61, line 8, to delete "1408/2013 of 18 December 201319." and substitute "1408/2013 of 18 December 2013119OJ No. L352, 24.12.2013, p. 99.".".

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: I move amendment No. 76:In page 67, to delete lines 27 to 30 and substitute the following: “Taxpayer information 72.Part 37 of the Principal Act is amended⁠—(a) in section 851A by inserting the following paragraphs after paragraph (m) (inserted by section 62):“(n) where the taxpayer information is disclosed to an official of the Department of Finance...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: Revenue has retrieved the files relating to the issue as far back as 1981. Some people in the House were not even born then. They are currently reviewing the information contained therein. In 1984, clothing and footwear sizes were determined after consultation with footwear trade interests at manufacturing and distribution levels. The panel included the Federation of Irish Footwear...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: The VAT rating of goods and services is subject to the requirements of EU VAT law, with which Irish VAT law must comply. Under Article 110 of the VAT directive, member states may retain the zero rates on goods and services that were in place on and from 1 January 1991 but cannot extend the zero rate to new goods and services after that date. Since the mid-1980s, Irish VAT law has defined...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: Before I respond on the amendments, I wish to advise that a Clerk's correction will be required in regard to an error on page 53, line 4, of the Bill. The reference to "No. 2" on line 4 is incorrect and needs to be deleted. This has been checked and clarified by the Bills Office. I propose to take amendments Nos. 60 and 61 together. To respond directly to the Chairman of the finance...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: We intend to move on it immediately.

Finance Bill 2017: Report Stage (Resumed) (23 Nov 2017)

Michael D'Arcy: Deputy Michael McGrath has proposed that I prepare a report within six months of the passing of this Finance Bill on the possible extension of the capital gains tax relief for farm restructuring to stamp duty. He stated on Committee Stage that, while he had framed his amendment in the form of a report, he hoped there could be a Report Stage amendment that would put into effect a stamp duty...

Finance Bill 2017: Report Stage (Resumed) (23 Nov 2017)

Michael D'Arcy: I move amendment No. 48: In page 46, to delete lines 36 to 40, and in page 47, to delete lines 1 and 2 and substitute the following:31.(1) Section 613 of the Principal Act is amended⁠— (a) in subsection (1) by inserting the following after paragraph (c):“(ca) any sum obtained by means of compensation under the 2017 Voluntary Homeowners Relocation Scheme administered by...

Finance Bill 2017: Report Stage (Resumed) (23 Nov 2017)

Michael D'Arcy: I move amendment No. 46:In page 42, to delete lines 26 to 29 and substitute the following:"27. (1) Section 980 of the Principal Act is amended by inserting the following after subsection (2):".