Results 18,621-18,640 of 35,756 for speaker:Pearse Doherty
- Appointment of Taoiseach and Nomination of Members of Government (14 Jun 2017)
Pearse Doherty: The outgoing Minister for Finance, Deputy Noonan, said a year and a half ago that it was unacceptable. Will the new Government stand up to the banks or just dish out more of this type of cheap shot? The new Minister of State with responsibility for the Gaeltacht is going back to his old position. I wish him well. He is a constituency colleague of mine. Let us be clear. There are...
- Appointment of Taoiseach and Nomination of Members of Government (14 Jun 2017)
Pearse Doherty: Déanaim comhghairdeachas leis an Taoiseach úr, an Teachta Varadkar, as an éacht atá déanta aige agus é tofa anseo inniu ar 57 vóta le tacaíocht Fhianna Fáil. Déanaim comhghairdeachas lena theaghlach, lena pháirtnéir, Matt agus lena mhuintir go léir. Déanaim comhghairdeachas fosta leis na hAirí uilig atá...
- Appointment of Taoiseach and Nomination of Members of Government (14 Jun 2017)
Pearse Doherty: The reason I say that is because one can easily get caught up in the bubble of everybody wanting to find out which Minister will occupy which Department minutes or seconds before the announcements are made. However, it is not about personality politics. It is about politics of substance. Members, Ministers and the Taoiseach need to recognise that this country faces substantial and serious...
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: I welcome all our contributors and support staff to the committee. Cuirim fáilte mhór roimh chuile dhuine a tháinig anseo inniu. I will begin with a question for Mr. McCarthy. Given the concentration of corporation tax receipts and the level of corporation tax receipts and the measures we have in place, does Mr. McCarthy believe that we are adopting a prudent position?
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: Have the three policy positions that have been outlined allowed Mr. McCarthy, as chief economist, to say we are being sufficiently prudent?
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: He may not have received the memo, but it seems as if the new Taoiseach is getting rid of two of the three policy positions which the chief economist believes allows him to state that we are acting prudently. I refer to the rainy day fund, which I understand is gone, and a reduction in the debt to GDP ratio to 55%.
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: I appreciate that Mr. McCarthy has to deal with what is there and a new Minister for Finance will be appointed later today. We will see what his or her position will be on these matters. I have my own position on the rainy day fund. I thought it was never going to fly. The debt to GDP ratio is a debate that, in my view, is more about headlines. I do not think we will reach the 60% figure...
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: Is one out of three good enough or do we need all three?
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: I am speaking hypothetically. The new Minister and Taoiseach will discuss this in Cabinet. If we went with the balanced budget approach only, and given the level of concentration on corporation tax receipts and our dependency on them, does Mr. McCarthy think that would be a prudent fiscal approach?
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: We will move on. I am sure we will have plenty of discussions between now and then. Given the fact that it will not start to have an impact for five years, we have plenty of time for discussions. It is probably better to wait until we have the new definition of how we can measure our economy to start having these real discussions.
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: I wish to ask Mr. Howard about revenue. A total of 82% of corporation tax receipts are coming from the companies within the large case divisions managed by the Revenue Commissioners. How many companies are in the large case divisions of the Revenue Commissioners?
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: Those 10,200 are managed in the large case divisions of the Revenue Commissioners. Ten of those 10,200 make up 32%-----
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: -----sorry, 37%, which is just shy of €3 billion, of the taxes paid to the State. Those ten are ten companies as opposed to ten groups.
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: Of the top ten companies, are any of them in the same group of companies?
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: I can appreciate that in terms of identifying companies but most of these larger companies, and Mr. Howard can correct if I am wrong, would have a separate companies. There would be at least two companies. Therefore, I cannot see how Mr. Howard would identify a company by saying that they are in the same group. As explosive as the figure is that 37% of our tax receipts, which is nearly...
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: That is the parliamentary question I tabled but we have not had any replies to parliamentary questions for two weeks because of what has been taking place in the Dáil. I am waiting for that answer and I thank Mr. Howard for that information.
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: Two of the top ten companies are in the same group.
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: I take it there are eight individual companies and one other company, nine groups.
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: The concentration gets a bit more-----
- Committee on Budgetary Oversight: Corporation Tax Receipts: Department of Finance and Revenue Commissioners (14 Jun 2017)
Pearse Doherty: Yes, concentrated. Regarding the 82%, Mr. Howard gave me a figure of 10,200 but I presume some of those would be groups of companies, a large number of them.