Results 1,841-1,860 of 11,861 for speaker:Brian Hayes
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: First move advantage.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: Another way to put is that it is a very competitive industry.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: It is a funds issue.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: Could the Deputy repeat his last point?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: Could Deputy Doherty repeat his last point as I did not hear it?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: May I be of assistance?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: With the Chair's indulgence, I wish to read into the record a clarification. I received a number of representations from the telecommunications sector in respect of section 76. The sector is concerned that the new provisions under which a charge to stamp duty will arise in circumstances where the holder of an estate or of an interest in land in the State enters into an agreement with...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: I move amendment No. 95: In page 135, before section 78, to insert the following new section: 78.—Section 85 of the Principal Act is amended—(a) by inserting the following after subsection (1): "(1A) For the purposes of subsection (2)(d) 'enhanced equipment trust certificate' means loan capital issued by a company to raise finance to acquire, develop or lease aircraft.",and...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: I presume so. If they were never in place, it would be difficult to calculate the potential liability. I presume there is a model to assist in trying to come to some calculation of the figures.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: I understand this is not discretionary. They are exempt from VAT. As the Deputy will be aware, when the Government put in place a thorough plan for the financial services industry for the next decade or so, a rigorous assessment was made of how the sector could grow over that period, not just in terms of where it had come from but also in terms of the position in the industry in other...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: In specific areas or across the board.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: They are authorised by the Central Bank and there are three in existence.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: We can get that information for the Deputy.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: They are not new.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: The issue of a financial transaction tax has a long way to run. Under our Presidency, one of the first big decisions made by ECOFIN was to move forward on the issue. It is a very controversial one with reference to the current position of the industry here which employs 33,0000 people and is worth over €1 billion in payroll and corporation tax returns. Deputies will be aware that we...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: That is a moot point. There is a big question mark as to whether that is the case.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: The suggestion made by Deputies Richard Boyd Barrett, Róisín Shortall and Peter Mathews that there be more robust engagement with the Department of Finance and Revenue on the assumptions underlying our view on financial services is a very sensible one. I am confident that it can be organised for the committee.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: A declaration of interest may be required.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: Deputy Twomey walked himself into that. There is a paper record at present. The Deputy is right to highlight the fact that the settlement voucher is unique to the farming industry. It is unique because most farmers do not claim back VAT on goods and services because they fall within this category for a reason. It makes it easier from their perspective because, as I understand it, the...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (Resumed) (7 Mar 2013)
Brian Hayes: I move amendment No. 94: In page 130, subsection (1), between lines 6 and 7, to insert the following: “(e) in paragraph 6(2) by inserting the following after clause (a):“(aa) an investment limited partnership within the meaning of section 739J of the Taxes Consolidation Act 1997;”,”.This amendment relates to the changes made to the tax treatment of investment...