Results 17,141-17,160 of 26,924 for speaker:Richard Boyd Barrett
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: As long as it is not ideological.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: On what basis?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I am utterly opposed to the knowledge development box. I do not accept the Minister of State's assurances that this is not just replacing the double Irish tax scam with a new tax scam. I think that is exactly what the Government is doing. Having been exposed very badly with the double Irish, the Government in collusion with the multinationals has engineered a new tax scam, which is the...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: This is about the knowledge development box.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Yes. We need to go into this detail to establish whether the knowledge development box will prevent the sort of tax evasion or the aggressive tax avoidance of the past. If this committee serves any purpose, it needs to go into this detail. The gross trading profits in 2007 were actually €10 billion than more they were in 2009, but the amount written off jumped by 200%. Therefore,...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: It is not speculation.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: If the-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I am dealing with the Bill. We need to understand what is at stake.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Estimates have been put on the amount of tax Apple would have to pay back in the event of an adverse ruling. The signals are that the European Commission believes we engaged in state aid in making special deals with companies such as Apple in order for them to avoid paying tax. I believe that to be the case, as do many others. That is why there is an investigation. The upper estimates of...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: But I do not believe him.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Robin Hood would be very good.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I do not have a problem with a Minister or the Government consulting anybody. I was referring to the fact that, according to the reports, the Minister for Jobs, Enterprise and Innovation, Deputy Richard Bruton, was discussing the knowledge development box with multinationals and essentially seeking their approval. He received very positive feedback. There have been many such meetings with...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: The policy of the Government and the previous Fianna Fáil Government is and was to dance to the tune of the multinationals in how we design the tax code. That is not right. The amount of tax they pay on their profits is shockingly low and obscene compared to the amount ordinary workers must pay and we should seek more from them. Our proposal is to charge them 12.5% as a minimum...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: It could become more of a factor. Why do we not have the money to provide affordable accommodation? The answer is we will not make these companies pay taxes to contribute to our universities and infrastructure, including water infrastructure, on which they rely heavily. They do not want to pay anything towards the cost of our infrastructure and we are facilitating them. It is a pity we do...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I have just one specific question. The general issues have been bashed around and will be again on Report Stage. Will there be an upper limit on the amount of relief a company can get? The Minister of State spoke about small and medium enterprises, and I am all for incentivising small and medium enterprises, but I do not believe they will be the main beneficiaries. If it was targeted at...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Why not?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: To stop-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: No, no.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: All the information on HSBC which came from Swiss leaks showed all the tax avoidance that was going on. This was leaked to several European Governments before it was leaked to the media and absolutely nothing happened. As a result of the inaction of governments across Europe, it was leaked to a host of international media organisations which then published the information. That is one...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: The Government is afraid of them.