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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Paddy Burke: When changes are made by way of legislation passed by the Oireachtas, does Revenue notify the companies that there have been changes or does it have to wait for them to ask for a ruling? Does Revenue give them rulings? Does it say the law has changed and the previous ruling Revenue gave has changed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Paddy Burke: Is Mr. Cody saying that the rulings that were made years ago by the Revenue may no longer apply in the future because of changes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Paddy Burke: So in some cases, there will be several rulings over-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Paddy Burke: When the European Commissioner attended, she stated that, as a result of the Apple case, the Commission examined 19 other Irish companies and found nothing wrong. The Apple case was different. Would Revenue not have seen that difference as well?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners (2 Feb 2017)

Paddy Burke: That was my final question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: I, too, welcome the Commissioner. I ask her to repeat how this matter came to the attention of the Commission.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: What about the 19 other companies the Commission has investigated? Were they just unlucky to be investigated by the Commission investigated because of the Apple case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: Would the Commission have opened investigations into some of them if they had been similar or the same as Apple?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: Does the Commissioner have concerns about the United Kingdom leaving the European Union, specifically if it could provide state aid for companies and there was nothing the European Union could do about it? Is there anything it can do about it if the UK Government decides to provide massive state aid for companies that will decide to locate there for a year or two?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: There is a housing crisis in this country and five Irish developers have taken a case to the Commission with regard to what they believe is unfair competition with the bad State bank called NAMA. The case has been with the Commission for almost a year and a half. Will the Commissioner tell us when the case might be decided? Will she prioritise it as it could have an effect in dealing with...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: Therefore, it would be up to the Government to prioritise the case.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: My next question relates to regional airports. Knock airport is on the west coast. Does the State decide that state aid should not be given? The airport is making the case for 90% funding as its infrastructure needs investment and state aid rules cap such funding at 75%. Is it the member state or the European Commission which decides that state aid can be given to a regional airport?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU State Aid Rules - Investigation into Preferential Tax Rulings: European Commissioner for Competition (31 Jan 2017)

Paddy Burke: Who may approve a derogation? Is it the member state or the European Union that can grant a derogation to provide state aid?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: I welcome the three groups. What advantage does Mr. Ó Muilleaneoir see in setting up this type of bank? A number of years ago, when some new banks were coming into the country, I spoke in the Seanad and said in Castlebar alone there were 14 or 15 outlets where one could get money. Although people said it was good for competition. I did not take that view. I could not see how a small...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: Mr. Ó Muilleaneoir said there would be four regional organisations for the bigger loans. How could they give this expert advice to the whole region from one office?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: I support Deputies Michael McGrath and Pearse Doherty in asking Mr. Beades to send in a submission on receiverships and how they operate. Does he find the same with examinerships?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: In some examinerships, the business can be sold on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: So there should be a cheaper form of examinership.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Paddy Burke: The witness indicates Ulster Bank has many different entities. Is a licence required for each entity or does one banking licence cover it?

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