Results 18,141-18,160 of 35,756 for speaker:Pearse Doherty

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: Yes, the margin of compliance, which according to the rules does not have to happen. The committee's job is to interpret the fiscal rules. The net fiscal space, as Mr. Coffey said, leaving aside the public pay deal and whether it will be accepted, is €650 million. Is that correct?

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: Under Mr. Coffey's calculation of a reduction of 0.6% of GDP, we would be likely to hit the MTO next year anyway.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: Okay. If we did not do that we would still be in compliance with the fiscal rules.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: For 2018.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: Yes, I understand that. We have heard much comment about the potential overheating of the economy. We know where we are at with the housing crisis in terms of the number of units that are being built. Different reports have been submitted stating that we need to be building 50,000 units per year. Let us assume the Government gets its act together and 50,000 houses are being built, on...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: Is Mr. Coffey's view that if we get to the point where the State is required to deal with the housing crisis, we will have to spend below what is the fiscal space for the next numbers of years?

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: I will ask Mr. Coffey two final questions. Has the IFAC been able to liaise with the Department of Finance on its under-profiling of income tax receipts, which we understand was due to it misjudging the cost of the USC tax cut last year? If Mr. Coffey has the information, will he enlighten the committee as to how much the USC tax cut amounted to and also if he has any other information to...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: I think the committee is happy enough for questions to be taken on that.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: One hat off and another hat on.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: I would suppose that everyone on this committee agrees with the idea of a fiscal union. I would say it was within the scope of the Irish Fiscal Advisory Council. If it cannot comment on whether they are sustainable tax proposals, I am not sure that commenting on proposals coming from the European Commission would be in its interests.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: I am also under a bit of pressure as I have another engagement at half past. I welcome the witnesses and the presentation was very good. There was a reference to difficult decisions and the value of members from the ESRI coming before us is that they can inform us of the consequences of those decisions. I welcome the focus the ESRI has put on housing because the housing crisis did not...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: I will ask Dr. Lawless this question. She can wear both hats for it. I agree completely with Deputy Calleary about the work the ESRI has done on Brexit and the report published in 2006, which was very clear. IFAC has raised suggestions that the position may be worse than what the ESRI is stating it to be and has said there may be an underestimation of labour supply, in particular due to...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Pearse Doherty: It increases our reliance on corporation tax and makes our tax receipts very vulnerable.

Written Answers — Department of Jobs, Enterprise and Innovation: Departmental Expenditure (11 Sep 2017)

Pearse Doherty: 22. To ask the Minister for Jobs, Enterprise and Innovation the cost her Department incurred in each of the past five years due to debit and credit card payment services and banking fees; the financial institutions to which the payments were made; and if she will make a statement on the matter. [37436/17]

Written Answers — Department of Finance: Tax Data (11 Sep 2017)

Pearse Doherty: 103. To ask the Minister for Finance if he will provide data on the personal tax take and total tax take as a percentage of GNI* as opposed to GDP for the most recent year available; and if he will make a statement on the matter. [36893/17]

Written Answers — Department of Finance: Revenue Commissioners Resources (11 Sep 2017)

Pearse Doherty: 108. To ask the Minister for Finance if the Revenue Commissioners have plans to review their use of 1890 numbers or to provide alternatives, in view of the prevalence of mobile phones which do not have a local call rate; and if he will make a statement on the matter. [37003/17]

Written Answers — Department of Finance: Tax Code (11 Sep 2017)

Pearse Doherty: 109. To ask the Minister for Finance the way in which windfalls gained through Central Bank mandated redress schemes such as for tracker mortgages are treated for the purposes of income tax; and if he will make a statement on the matter. [37055/17]

Written Answers — Department of Finance: Knowledge Development Box (11 Sep 2017)

Pearse Doherty: 113. To ask the Minister for Finance the estimated cost in 2017 of the knowledge development box, by company size, SME or larger, that have applied to the scheme to date in 2017; and if he will make a statement on the matter. [37123/17]

Written Answers — Department of Finance: Corporation Tax (11 Sep 2017)

Pearse Doherty: 114. To ask the Minister for Finance when he expects to receive the report by a person (details supplied) on the corporation tax system; and if he will make a statement on the matter. [37124/17]

Written Answers — Department of Finance: Tax Avoidance (11 Sep 2017)

Pearse Doherty: 115. To ask the Minister for Finance when the State will ratify the BEPS multilateral instrument; the process for doing same; and if he will make a statement on the matter. [37125/17]