Results 17,481-17,500 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Revenue Commissioners (14 Nov 2018)

Paschal Donohoe: I am advised by Revenue that the details requested have now issued to the person concerned. Revenue has also advised me that the delay in dealing with this matter occurred because the email correspondence items referred to by the Deputy did not deliver into its caseworking system. Revenue has investigated the reason for the delivery failure and will make direct contact with the Deputy in this...

Written Answers — Department of Public Expenditure and Reform: Foireann Roinne (14 Nov 2018)

Paschal Donohoe: Mar is eol don Teachta, Is comhlacht reachtúil neamhspleách é an tSeirbhís um Cheapacháin Phoiblí a fheidhmíonn mar sholáthraí seirbhíse comhroinnte earcaíochta agus soláthair d’eagraíochta cliaint sa Státseirbhís agus sa tseirbhís phoiblí. Tá córas iarratais agus scrúduithe ar...

Written Answers — Department of Finance: Tax Code (13 Nov 2018)

Paschal Donohoe: Finance Act 2017 amended sections 598 of the Taxes Consolidation Act 1997, and section 89 of the Capital Acquisitions Tax Consolidation Act 2003 to allow that the leasing of agricultural land for solar energy production may be considered qualifying agricultural activity for CGT retirement relief and CAT agricultural relief. These measures apply to disposals made on or after 1 January 2018...

Written Answers — Department of Finance: Tax Code (13 Nov 2018)

Paschal Donohoe: I propose to take Questions Nos. 158, 164 and 169 to 171, inclusive, together. The legislation governing the deductibility of expenses incurred in employment is set out in section 114 of the Taxes Consolidation Act 1997 (TCA), which provides that for an expense to qualify as a deduction against income from an office or employment, the expense must be wholly, exclusively and necessarily...

Written Answers — Department of Finance: Banking Sector (13 Nov 2018)

Paschal Donohoe: I note the Deputy’s question on behalf of his constituent in relation to the tracker mortgage issue and the matter of local public banking. As the Deputy will be aware, my Department, along with the Department of Rural and Community Development, published a Report on Local Public Banking at the beginning of July this year. The findings of the Report are that there was not a compelling...

Written Answers — Department of Finance: Betting Regulations (13 Nov 2018)

Paschal Donohoe: As announced in the Budget I have increased the rate of betting duty from 1 per cent to 2 per cent for all bookmakers and the rate of betting intermediary duty from 15% to 25% on the commission earned for betting intermediaries. These measures will take effect from 1 January 2019. The rate of betting duty at 1% on the amount of bets wagered in Ireland is at an all-time low, and betting...

Written Answers — Department of Finance: Ministerial Meetings (13 Nov 2018)

Paschal Donohoe: I can inform the Deputy that it would be normal practice for a Department official to accompany the Minister and/or Minister of State at meetings with business and other leaders. My Department's 'Record Management Guidelines' provides that all formal meetings should be properly documented or minuted. The Department's internal 'Regulation of Lobbying Act 2015 Policy' document provides...

Written Answers — Department of Finance: Tax Reliefs Data (13 Nov 2018)

Paschal Donohoe: The Employment and Investment Incentive (“EII”) is an incentive whereby investors can claim relief for investments in qualifying companies. EII is a State Aid. It was a notified aid up to October 2015, after which it came within the General Block Exemption Regulation (GBER). A number of changes to EII were necessary to ensure that it is consistent with GBER. ...

Written Answers — Department of Finance: Insurance Compensation Fund (13 Nov 2018)

Paschal Donohoe: The Central Bank of Ireland has advised me that it was notified by the Danish Financial Supervisory Authority on 7 March 2018 that it had ordered Alpha Insurance A/S to cease writing new business including renewal of existing contracts and business with immediate effect. It was further notified on 9 May 2018 that the liquidators of the insurance company Alpha Insurance A/S had filed a...

Written Answers — Department of Finance: Corporation Tax Regime (13 Nov 2018)

Paschal Donohoe: I propose to take Questions Nos. 165 and 166 together. The first Anti-Tax Avoidance Directive (ATAD), presented in January 2016 and agreed by all Member States in July 2016, provided for five separate anti-avoidance measures to be transposed on an agreed schedule between 2018 and 2023. One of these measures was the introduction of Controlled Foreign Company (CFC) rules, or the alignment of...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland Data (13 Nov 2018)

Paschal Donohoe: The Strategic Banking Corporation of Ireland (SBCI) is Ireland’s national promotional institution. The SBCI’s goal is to increase the availability of appropriately priced, flexible funding to viable Irish SMEs. The SBCI uses an on-lending model. This means it does not lend directly to SMEs. The SBCI works with both banks and non-bank finance providers providing low cost...

Written Answers — Department of Finance: Life Insurance Policies (13 Nov 2018)

Paschal Donohoe: I have been made aware of the issue raised by the Deputy through a number of recent parliamentary questions and I have considerable sympathy for people in this specific situation. However, as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank of Ireland can interfere in the provision or pricing...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland Data (13 Nov 2018)

Paschal Donohoe: The Strategic Banking Corporation of Ireland (SBCI) is Ireland’s national promotional institution. The SBCI’s goal is to increase the availability of appropriately priced, flexible funding to viable Irish SMEs. The strategic mission of the Strategic Banking Corporation of Ireland (SBCI) is to deliver effective financial supports to Irish SMEs that address failures in the Irish...

Written Answers — Department of Finance: NAMA Portfolio (13 Nov 2018)

Paschal Donohoe: I am advised that Sections 99 and 202 of the NAMA Act prohibit NAMA from disclosing confidential debtor information, including information on the assets owned by its debtors. It is therefore not possible to provide information on the location of residential units owned by debtors. I am advised that NAMA’s acquired loan portfolio was initially secured by some 22,735 residential units in...

Written Answers — Department of Finance: NAMA Property Sales (13 Nov 2018)

Paschal Donohoe: I am advised that, since inception, a total of 19,224 residential units located in the Republic of Ireland have been sold by NAMA debtors and receivers. These residential units were owned by NAMA debtors and the sales proceeds were used to repay associated debt. The figures include both completed and partially completed units, as well as over 8,000 new houses or apartments delivered through...

Written Answers — Department of Finance: NAMA Property Sales (13 Nov 2018)

Paschal Donohoe: I am advised that it was not possible for NAMA to provide the information sought in the time available and therefore I will make arrangements to provide the outstanding information in line with Standing Orders.

Written Answers — Department of Finance: Social and Affordable Housing Data (13 Nov 2018)

Paschal Donohoe: I am advised that, following the review process undertaken by NAMA, as outlined in my response to PQ [46748/18], NAMA collated a list of potentially suitable properties which was shared with the Housing Agency. The Housing Agency, in turn, engaged with the relevant local authorities to determine if there was demand in the geographical areas in which potentially suitable houses were located....

Written Answers — Department of Finance: NAMA Social Housing Provision (13 Nov 2018)

Paschal Donohoe: I am advised that NAMA continuously reviews the assets of all NAMA debtors and appointed receivers to establish if vacant residential properties securing their loans could potentially be made available for social housing. This includes identifying vacant residential properties, as well as exploring opportunities to undertake remediation and completion works at a number of unfinished...

Written Answers — Department of Finance: NAMA Social Housing Provision (13 Nov 2018)

Paschal Donohoe: I am advised that NAMA has no role in the process of confirming demand for, and assessing the suitability of, properties for social housing. This is a matter between the Housing Agency and local authorities. I am advised that an important consideration for local authorities is the requirement to provide for an appropriate mix of housing tenures and to avoid undue housing segregation within...

Written Answers — Department of Finance: NAMA Property Construction (13 Nov 2018)

Paschal Donohoe: I am advised that, since 2014, NAMA has funded the construction of 8,013 new residential units in Ireland on residential development land under the control of its debtors and receivers. It is important to note that NAMA can only fund developments which are under the control of its debtors and receivers and which are commercially viable. Under Sections 99 and 202 of the NAMA Act, NAMA is...