Results 1,901-1,920 of 6,295 for speaker:Michael D'Arcy
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: I do not have the details.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: A change was flagged in the Minister's budget speech.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: Sorry, it was flagged in his Second Stage speech.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: I do not have that information but I will see what information I can get.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: We will provide the information.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: I do not know but I will get that information.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: I do not have the information but I will get it for the Deputy.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: Will the Deputy repeat his question?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: I do not know who approached whom. I will find out the circumstances and pass on the information to the Deputy. I do not want to say something I am unable to stand over. I do not know what the position is and we do not have the information the Deputy seeks.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: We will get the information for the committee.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: I move amendment No. 20:In page 29, to delete line 2 and substitute the following:“(3) (a) Subsection (1)(a)(i)(II) shall apply to disposals occurring on or after 1 January 2019. (b) Subject to paragraph (a), this section shall apply to IREF taxable events occurring on or after 19 October 2017.”.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: I think I am the only farmer in the room. I may know a little bit more. I fully recognise that farm income volatility can be a prevalent feature of the agricultural sector. In response to this, a targeted relief to assist with income volatility is available to farmers under the income averaging regime. This scheme has been in place since the introduction of farm taxation. It provides a...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: As the Deputy will remember, in budget 2014 there was a full review of the agricultural reliefs for the sector. Subsequently, in budgets 2015 and 2016, some of these were presented. There will be a review of all reliefs in the agriculture tax review. There will be an update and particular reference to income stabilisation. As I said in a slightly glib way, I understand the pressures on...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: Yes. It will be both Departments, Finance and Agriculture, Food and the Marine. We will be consulting stakeholders also.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: Section 23 of the Finance Act 2016 introduced a new tax regime for funds that hold Irish real estate, to be known as Irish real estate funds, IREFs. The section was introduced to address the use of certain fund vehicles to invest in Irish property by non-resident investors. IREFs are investment undertakings, excluding UCITS, where 25% of the value of that undertaking is made up of Irish...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: I want to be helpful and I suggest that the tax strategy group analyse this. The Deputy will be aware that we have an issue with pensions in Ireland and we are proactively trying to encourage people to take out pensions and to invest for the future. There are a number of reliefs available and, in 2013, with REITs and IREFs we were trying to get people to invest in Irish property. Perhaps...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (8 Nov 2017)
Michael D'Arcy: There is not much difference.