Results 1,901-1,920 of 23,109 for speaker:Paddy Burke

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Paddy Burke: How much lower will it be when one takes out the United Kingdom?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Paddy Burke: If the Commission does not know, how can it include the United Kingdom?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Paddy Burke: Of course, it is, but the Commissioner is not saying how much will be generated by it. It is a global figure. It is fictitious. Mr. Moscovici makes a strong case for a single tax rate across the EU and argues that it would be much simpler and easier to operate. Is it correct to say that if it was simplified, there would be a wholesale loss of accountancy and legal jobs?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: I welcome the Secretary General and his staff. I have a few brief questions and will continue on from Senator Horkan's points on NAMA. Mr. Moran stated that NAMA could nearly do what it likes. There are quite a number of cases where litigation is taking place. Is it true that the Department of Finance is included in the litigation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: Of course, yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: But is the Department included in any litigation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: I presume there are a number of high-profile cases.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: Consequently, the Department has a role to play with NAMA. The Minister for Finance has full say over NAMA. That was in the NAMA Act that was brought forward.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: As for the Department, the old management advisory committee seems to have been abolished and a new executive board has been set up. Is that the same people but with a different name?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: Does management, the executive committee, make the decisions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: That is to be welcomed. Are there many members on the executive committee?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: Do other bodies such as the Revenue Commissioners or NAMA have any involvement on the executive committee?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: Credit unions have a substantial amount of money to invest. I believe it is up to €10 billion. They say they could offer it to various Departments to invest at a low interest rate but there is no uptake on the offer from the Department of Finance or any other Department.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: There is a substantial infrastructural deficit in the country. The credit union movement has said there has been no uptake on its offer from any Department. It still has €10 billion to invest at a low interest rate. The money obviously comes from deposits the credit unions have taken in. That is the reality.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: I believe there was a High Court case on the second home tax that was introduced a number of years ago on the basis that it was not tax deductible. The person who took the case won it. Has the Department taken that into consideration in terms of how it might affect the tax on second homes or investment properties?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: On the issue of the 100% relief, did Mr. Moran say the 75% will be rolled out?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Paddy Burke: I thank Mr. Moran.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)

Paddy Burke: There was a difference in the interest rates on the tracker mortgages. Some of the banks charged 0.15% more than should have been the case. For how long was that going on?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)

Paddy Burke: Who brought the matter to the attention of the Central Bank? Did the banks own up first or did the Central Bank find out about it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)

Paddy Burke: The Minister for Finance recently did away with section 110 of the Taxes Consolidation Act 1997. It would seem that the vulture funds have become more aggressive in getting their pound of flesh since. Does the Central Bank feel this is the case?