Results 17,621-17,640 of 19,445 for speaker:Brian Cowen

Written Answers — Financial Services Regulation: Financial Services Regulation (28 Sep 2005)

Brian Cowen: My Department has requested the Registrar of Credit Unions in the financial regulator to examine and make recommendations on what are appropriate investments for credit unions. I understand that the registrar has not yet completed his examination and is continuing to consult and communicate with the credit union movement. As soon as the registrar submits his report to my Department it is my...

Written Answers — Tax Collection: Tax Collection (28 Sep 2005)

Brian Cowen: I am informed by the Revenue Commissioners that reclaims in relation to share transfers that have been executed electronically through the CREST operating system are currently in arrears to 2 August 2005. Every effort has been made to process reclaims that have been correctly presented with all supporting evidence in a speedy manner and substantial progress has been made in reducing what was...

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: I should point out that there is no stamp duty on the purchase of new residential property for owner-occupiers where the dwelling is not greater than 125 square metres and where it complies with certain conditions in relation to building standards. The Finance Act 2004 substituted a requirement for a floor area compliance certificate for new houses with a floor area under 125 square metres,...

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: I am advised by the Revenue Commissioners that, in the case referred to by the Deputy, a deed dated 28 February 2001 was received by the Dublin Stamp Office on 26 March 2001. The deed or accompanying documentation did not contain any claim for owner-occupier relief. Stamp duty was assessed on the deed as submitted. An application for repayment of stamp duty, dated 13 April 2004, was received...

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: In common with the majority of payments made by the Department of Social and Family Affairs, unemployability supplement, which is an addition to disablement pension, is chargeable to income tax under the Taxes Consolidation Act 1997. I am advised by the Revenue Commissioners that the person in question is the assessable spouse for her own and her husband's tax liabilities and, hence, is the...

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: I am informed by the Revenue Commissioners that the most recent basic data on incomes available from which information of the type requested by the Deputy could be derived are in respect of the income tax year 2002. The information requested is set out in the following tables for the income tax years 2000-01, 2001 short year and 2002. However, because of the Revenue Commissioners' obligation...

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: The Deputy may be referring to the Revenue Commissioners' study, Effective tax rates of the top 400 earners: Report for the tax year 2001, which was published by my Department in March of this year. The Revenue Commissioners in paragraph 4 of that report set out a new methodology to be applied in future in such studies in terms of quantifying and classifying tax paid. The changes are: deposit...

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: The rules on residency are not a specific tax relief scheme as such and are therefore not included in the review of tax relief schemes that I announced in the 2005 Budget. However, as already outlined to the House on 1 June last, I have asked the chairman of the Revenue Commissioners to monitor the application of the current non-resident rules, through examination of cases handled in the...

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: Final reports from the consultants have not yet been received. However, the reviews are scheduled to be completed in time to inform the development of the 2006 budget and Finance Bill. I am not yet in a position to indicate any likely publication date for these studies.

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: All of the submissions made to my Department under the public consultation process relating to this review have been examined. The discussions held in the Joint Committee on Finance and the Public Service and in the Joint Committee on Arts, Sport, Tourism, Community, Rural and Gaeltacht Affairs have also been noted. I am aware of these submissions and will bear them in mind in the context of...

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: Consideration of the issues involved in relation to the tax exemption for stallion stud fee income is still ongoing and I understand that the Commission has not yet concluded its deliberations on the matter. In the normal course, any proposals for change in tax exemptions are considered in the context of the annual budget.

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: I am advised by the Revenue Commissioners that the information requested by the Deputy is set out in the following table. The figures for the years 1998-1999 to 2002 inclusive are based on incomes data derived from income tax returns held on Revenue records and have been grossed-up to an overall expected level to adjust for incompleteness in the numbers of returns on record at the time the...

Written Answers — Tax Code: Tax Code (28 Sep 2005)

Brian Cowen: I propose to take Questions Nos. 537 and 538 together. The remittance basis of taxation is a long-standing statutory tax relieving provision, which is contained in section 71(3) of the Taxes Consolidation Act 1997. In brief, the remittance basis of taxation means that the foreign income, that is, the non-Irish and non-UK income, of certain individuals working here is liable to Irish tax only...

Order of Business. (1 Jul 2005)

Brian Cowen: The work of committees will continue this month and in September and the work of the Cabinet will continue until August. Last year, there were 22 committee meetings in July after the plenary sessions was completed. Since September 2004, we have published 30 Bills and enacted 22 Bills, while ten Bills are awaiting the signature of the President. In legislative terms, this indicates that the...

Order of Business. (1 Jul 2005)

Brian Cowen: People in this country are being educated to the highest standards and are getting jobs commensurate with their abilities. We have an economy that is outperforming all our competitors in Europe and that is significant enough to defend the record of the Government. We have achieved unprecedented success and we look forward to continuing this work in committees during July and September and...

Order of Business. (1 Jul 2005)

Brian Cowen: I have not had any direct communication from the Minister since the debate on yesterday's private notice question. If Deputy Kenny wishes to pursue the matter, I advise him to take it up directly with the Department and the Minister's office. Regarding the second matter, the House can be assured that the Department of Arts, Sport and Tourism is conducting the tendering process for such a...

Order of Business. (1 Jul 2005)

Brian Cowen: I cannot comment further on the matter raised by Deputy Kenny. I am not in a position to do so. Arrangements were made here yesterday at short notice to take a private notice question. The matter was fully aired in the House and the Minister set out the position. As Deputy Kenny said, a separation of powers principle is involved here. Anything further that can be done by the Minister in...

Order of Business. (1 Jul 2005)

Brian Cowen: On the first matter the Deputy raised, he and other Members will always insist that the House respect court orders regarding other matters.

Order of Business. (1 Jul 2005)

Brian Cowen: It is in the context of respecting this principle that the Minister is trying to determine how he can assist in the matter. Court orders must be respected. At least Deputy Kenny acknowledged the complexity of the matter and the sensitivities involved in the Executive taking action on foot of a court order that has come from the bench. There is no point in trying to describe a Pontius...

Order of Business. (1 Jul 2005)

Brian Cowen: This House is not in a position to supersede a court order. On Deputy Sargent's surprise over Bills published without notice, parliamentary Question Time is for the purpose of asking the line Ministers the legislation being contemplated by each Department. It is open to the Deputy to find out this information at any time by phone or by tabling a formal question. The efficiency and...