Results 18,101-18,120 of 35,756 for speaker:Pearse Doherty

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: That is why it would be prudent to-----

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: I have a final question. If I were to look for evidence that is based on research, what would be the best type of research to show me that marginal tax rates in this State are a deterrent to employment and, in the opinion of policy decision-makers like Dr. McDonnell, should therefore be reduced? I wish to clarify that I disagree completely with this theory. When representatives of the ESRI...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: Let us test this. Is there any evidence to suggest that the tax rates we have at this point in time are a deterrent to employment?

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: Dr. O'Donnell might just correct me here. Is the marginal tax rate 49% or is it the 52% rate? Britain, for example, has a number of rates.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: If one is over €70,000, one's USC will be 8%.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: Fáilte roimh. We know from the Coffey report and the tax strategy papers that claims for capital allowances for intangible assets increased from €2.7 billion in 2014 to €28.9 billion in 2015, which was an enormous jump. Obviously, intangible assets include intellectual property. This coincides with the onshoring of IPs by some multinationals. The Coffey report has...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: Could the cap be placed in this year's budget?

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: The Irish Government has become known for kicking the can down the road, so I expect that a process of consultation will be embarked upon to consult on a report that took quite a period of time to be drafted. We do not tend to do things fast, particularly when it comes to raising taxes on multinationals.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: No, it is the other wider part of it that requires consultation, and there is merit in that. Does the witness have any indication of the revenue there would be if we were to give effect to the Coffey recommendation, which obviously stems from last year's budget announcement on examining these issues? Has the Irish Tax Institute any estimates of what going to 80% would mean?

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: Would the witness agree that it could be significant?

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: The witness mentioned that the discussion on income tax rates must be framed within the discussion on the type of economy we wish to have. Not to nitpick, but I argue that it should be framed within the type of society we wish to have. Indeed, the type of debate we have is extremely frustrating for me. Perhaps we are all at fault. Perhaps I am not making my voice loud enough or we are not...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: Has the institute any such work? I asked Dr. McDonnell a question earlier about evidence and he suggested that there is none and that we need to look at the long-term in a country. We dispute and disagree with some of what the ESRI produces, but its representatives told this committee last year that there is no evidence to suggest that marginal tax rates are a deterrent to employment....

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: We have seen-----

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: I have a tiny question.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: The Chair might give the witness more latitude than she has given me, but she has been very generous in terms of time.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: On the 9% VAT rate, I heard the comments about not looking at it in its totality. I argued that earlier in terms of hotel beds. Ms O'Brien commented that perhaps we could consider not going directly from 9% to 13.5%. That is interesting because my understanding is that this is not possible. Under the EU VAT directive we only have two reduced VAT rates which are 13.5% and 9%. There is no...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: The 9% would have to move to 10%.

Written Answers — Department of An Taoiseach: Departmental Banking (20 Sep 2017)

Pearse Doherty: 81. To ask the Taoiseach the cost his Department incurred in each of the past five years due to debit and credit card payment services and banking fees; and the financial institutions to which the payments were made. [39029/17]

Written Answers — Department of Finance: Tax Code (20 Sep 2017)

Pearse Doherty: 156. To ask the Minister for Finance the revenue that would be raised if a cap was introduced for companies to allow for a maximum write off of depreciation against income of percentages (details supplied) per annum regarding capital allowances on intellectual property. [39306/17]

Written Answers — Department of Finance: Tax Code (20 Sep 2017)

Pearse Doherty: 157. To ask the Minister for Finance the revenue that would be raised if the 2014 rules of taxation for capital allowance of intellectual property were reinstated with regard to capital allowances on intellectual property. [39307/17]