Results 19,001-19,020 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (14 Jun 2018)

Paschal Donohoe: I am advised by Revenue that income arising from the provision of short term accommodation through online websites is subject to tax and the amount of taxable income is computed and charged to tax in the normal manner. Where the accommodation is provided as part of a trade carried on by the taxpayer, the income is taxable under Case I of Schedule D of the Taxes Consolidation Act 1997.However,...

Written Answers — Department of Finance: Banking Operations (14 Jun 2018)

Paschal Donohoe: As the Deputy is aware, the State's shareholding varies across each of the three main banks. AIB currently supports Apply Pay and details are available on their website: Bank of Ireland provided the following reply: "Bank of Ireland is not a State owned bank. The Bank has an existing Pay to Mobile service for customers and expects to integrate other third party phone payments propositions...

Written Answers — Department of Finance: Tax Reliefs Data (14 Jun 2018)

Paschal Donohoe: I propose to take Questions Nos. 70, 71 and 72 together. I am advised by Revenue that the Cost of Tax Expenditures Table is available on the Revenue Statistics webpage at this . This sets out, in tabular form, data on a wide range of reliefs, credits and allowances including person taking care of incapacitated taxpayer, health expenses and nursing home related health expenses. The information...

Written Answers — Department of Public Expenditure and Reform: Office of Government Procurement (14 Jun 2018)

Paschal Donohoe: Procurement is a key element of the Government's Reform agenda. The Office of Government Procurement (OGP) was established to drive the reform agenda, adopt a strategic approach to public procurement, leverage the State's spending power and deliver savings for the State. Framework agreements are one of a number of ways in which the OGP engages with the market to achieve value for money in...

Written Answers — Department of Public Expenditure and Reform: Freedom of Information Data (14 Jun 2018)

Paschal Donohoe: Details of the number of FOI requests received by my Department from 1 January 2018 to 11 June 2018 are outlined in the following table. An appeal of an FOI decision by my Department can be made by seeking an Internal Review of the matter. The appeal will involve a complete reconsideration of the matter by a senior member of staff of my Department and a decision will be communicated within...

Written Answers — Department of Public Expenditure and Reform: Sale of State Assets (14 Jun 2018)

Paschal Donohoe: I assume that the Deputy is referring to the €400m of proceeds from the sale of Bord Gais Energy that the Government announced, in Budget 2015, would be made available to support the Government's Social Housing Strategy. As the Deputy will be aware, the intention at the time was that this €400m would be made available to establish an off-balance sheet financial vehicle to...

Questions on Promised Legislation (13 Jun 2018)

Paschal Donohoe: Is that the best the Deputy can do?

Questions on Promised Legislation (13 Jun 2018)

Paschal Donohoe: Is that the best the Deputy can do?

Written Answers — Department of Finance: Tax Code (13 Jun 2018)

Paschal Donohoe: I have no plans to extend the sugar swetened drinks tax at this time. The recently introduced tax on sugar-sweetened drinks commenced on 1 May 2018 and applies to water and juice based drinks with a sugar content of 5 grams per 100 mililitres or above. The European Commission found that the introduction of the tax constituted no aid and further to that decision, a legislative amendment will...

Written Answers — Department of Finance: Tax Code (13 Jun 2018)

Paschal Donohoe: I propose to take Questions Nos. 68 and 69 together. Following the publication of the OECD BEPS reports in October 2015, a decision was taken at EU level to introduce the Anti-Tax Avoidance Directive (ATAD) as part of a package of measures aimed at ensuring a common and co-ordinated approach to the introduction of the BEPS anti-avoidance measures across the EU Member States. The first...

Written Answers — Department of Finance: Tax Reliefs Application (13 Jun 2018)

Paschal Donohoe: I should advise Deputy that my colleague the Minister for Employment Affairs and Social Welfare has policy responsibility for the Back to Work Enterprise Allowance including the numbers benefitting from the overall scheme. I assume that the particular tax relief that the Deputy is referring to is the Start Your Own Business Relief (SYOB), which provides a 2-year exemption from income tax (up...

Written Answers — Department of Finance: Government Bonds (13 Jun 2018)

Paschal Donohoe: I have been advised by colleagues in the Central Bank of Ireland that as at 31 May 2018, the cumulative monthly net purchases of Irish Government bonds by the Eurosystem (ECB and Central Bank of Ireland) as part of the Public Sector Purchase Programme (PSPP) stood at €27,614 million. This book value is referenced on the ECB website, where there is a table with a breakdown of debt...

Written Answers — Department of Finance: Insurance Industry (13 Jun 2018)

Paschal Donohoe: Setanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law. The Deputy will be aware that under the Insurance Act 1964, as amended, monies may be paid out of the Insurance Compensation Fund (ICF), with the approval of the High Court, in relation to an...

Written Answers — Department of Public Expenditure and Reform: Schools Facilities (13 Jun 2018)

Paschal Donohoe: Procurement is a key element of the Government's Reform agenda. The Office of Government Procurement (OGP) was established to drive the reform agenda, adopt a strategic approach to public procurement, leverage the State's spending power and deliver savings for the State. Framework agreements are one of a number of ways in which the OGP engages with the market to achieve value for money in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

Paschal Donohoe: I thank the Chairman for the opportunity to speak here today on the Government approach to the future EU budget and the next multi-annual financial framework for 2021-27; the country-specific recommendations for Ireland as related to my Department; developments on banking union and the recently published EU legislative proposals for whistleblower legislation. Turning to the first item, the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

Paschal Donohoe: I apologise to the Deputy. It will be provided. I have had to liaise with a number of Departments on this matter. I will ensure the material that I committed to provide is supplied this week.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

Paschal Donohoe: I believe I have got the balance right. The Deputy made a point about the level of loyalty payments that exist within our national income. I do not accept that this is a feature of aggressive tax planning. Instead, it demonstrates that we have a highly open economy which is deeply integrated into global supply chains. As the Deputy is aware, this country has had an ongoing focus on...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

Paschal Donohoe: I reject entirely the Deputy's language of guilt. I am responsible for tax policy and broad economic policy. I have explained to the Deputy why that level of loyalty payment is high. I also I accept that it is high when compared with the European average. However, our is also an economy that has a higher level of foreign direct investment and intellectual property located in it than many...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

Paschal Donohoe: I said that I was responsible for the conduct of tax and economic policy. I am very much aware of the struggles and challenges that many people face. I am doing all I can to address those. The Deputy outlined difficulties but, on the other side of the coin, living standards are being rebuilt and we now have levels of investment in public services and capital spending that would have looked...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

Paschal Donohoe: That is unlikely. I believe-----