Results 18,521-18,540 of 26,053 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: That could be overcome if the Appeal Commissioners were to make an annual report to the Oireachtas.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: I have a few quick questions. At the moment, there is no database. The legislation provides for a report to be laid before the Houses of the Oireachtas on an annual basis. Is that sufficient? What would be more useful?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: What is not provided for in the proposed legislation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: What else is changing apart from public hearings? What negative aspects are in the legislation? Could elements be added to the legislation to enhance it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: Should there be more detailed criteria for who they are?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: I cannot speak for the Revenue Commissioners but, paraphrasing what we were told, the Revenue Commissioners felt the level of expertise available at the level of Appeal Commissioner, to which Mr. Keegan made reference, means people are dealing with experts at that level. If it goes to the Circuit Court, we are not always dealing with people at the same level of expertise. It might be...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: There is no time limit on the appeal. At the moment, is there a time limit on when the taxpayer can look for an appeal?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: Is there a time limit of 30 days under the new legislation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: So there needs to be a time limit in the new legislation.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: Currently, with the appeal process, does the burden of proof lie with the taxpayer or the Revenue Commissioners?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: There is an element that needs to be re-engineered.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: Do the witnesses agree with the general tenet of the Revenue Commissioners and the Department of Finance that the current appeals system is not fit for purpose?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: The current system is not as efficient as it should be.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: Self-assessment came in during the 1980s. Prior to self-assessment, people argued with the Revenue Commissioners when cases were listed for hearings. Suddenly, an onerous and stringent self-assessment system came in and it has a 99% compliance rate. It has worked. Could a more efficient appeals system be implemented? It appears it is open to abuse because people can use the legal system...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Draft Heads of Finance (Tax Appeals Commission) Bill: Discussion (27 Jan 2015)
Kieran O'Donnell: That is a good system.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Kieran O'Donnell: I welcome Mr. Regling and sympathise with him on the passing of Max Watson. I was here when Mr. Watson appeared before the committee. Mr. Regling concurred with a statement that the Irish crisis could have threatened the euro. I want him to expand on that. Why did he agree with that statement?
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Kieran O'Donnell: Ireland was the first country.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Kieran O'Donnell: Our guarantee was put in place on 29 September. It appears to have been done after very little deliberation with the ECB. Was it Mr. Regling's understanding that there were deliberations with the ECB prior to the guarantee?
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Kieran O'Donnell: When Mr. Regling says he has sympathy for that, in what sense does he have sympathy for the Governor?
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Kieran O'Donnell: Mr. Regling was a director in the European Commission up to 2008 on the economic side. I refer to the Stability and Growth Pact construct. Mr. Regling makes reference throughout the report to the fact that alarm bells should have gone off in terms of the increase in lending. He speaks about the systemic risk throughout the banks which it seems was important beyond...