Results 19,641-19,660 of 26,953 for speaker:Richard Boyd Barrett

Ceisteanna - Questions (Resumed): Taoiseach's Meetings and Engagements (17 Jun 2014)

Richard Boyd Barrett: We use the Irish tax code.

Ceisteanna - Questions (Resumed): Taoiseach's Meetings and Engagements (17 Jun 2014)

Richard Boyd Barrett: What if it is in the Cayman Islands, which have nothing?

Ceisteanna - Questions (Resumed): Taoiseach's Meetings and Engagements (17 Jun 2014)

Richard Boyd Barrett: I have just come from a meeting of the Joint Sub-Committee on Global Taxation, to which Professor Jim Stewart was giving evidence. He was asked by Deputies from various parties to back up his assertion that the real corporate tax rate in this country - the so-called effective rate - is only 2.2%. He was categorical about it. Whereas the Government claims the corporate tax rate is 11.9%,...

Ceisteanna - Questions (Resumed): Taoiseach's Meetings and Engagements (17 Jun 2014)

Richard Boyd Barrett: 7. To ask the Taoiseach if he will report on the OECD meeting in Paris in February; and if he will make a statement on the matter. [24240/14]

Ceisteanna - Questions (Resumed): Taoiseach's Meetings and Engagements (17 Jun 2014)

Richard Boyd Barrett: 8. To ask the Taoiseach if he discussed Ireland's corporation tax regime in the context of the OECD plans to tackle base erosion and profit shifting at the OECD meeting in Paris in February; and if he will make a statement on the matter. [24241/14]

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Current Housing Demand: Discussion (Resumed) (17 Jun 2014)

Richard Boyd Barrett: Is Mr. Layde aware of the shock people who have been on a housing waiting list for 12 or 15 years will feel when they discover that because they have been included in the HAP scheme they have been removed from the list? People have a right to feel very angry and cheated when they are removed from a housing list on which they have been for 12 years and have no chance of getting a council...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Current Housing Demand: Discussion (Resumed) (17 Jun 2014)

Richard Boyd Barrett: The difference is that they will be off the housing waiting list. A person on the list in Dún Laoghaire-Rathdown has a number and knows where he or she is on the list. Although a person with a number between 300 and 500 is consigned to ten years of waiting, he or she knows that at the end of it he or she will rise up the list and receive a council house. If a person is included in the...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Current Housing Demand: Discussion (Resumed) (17 Jun 2014)

Richard Boyd Barrett: I do not mean to be confrontational, but I have very little time. I understand all of the points Mr. Layde has made. I accept that the council having some obligation to tenants is better. Let us call a spade a spade. People who have been on the housing waiting list for years and who previously had an entitlement to a council house will be removed from the list and no longer have that...

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht: Current Housing Demand: Discussion (Resumed) (17 Jun 2014)

Richard Boyd Barrett: In a situation where rents are going through the roof and landlords are pulling out of RAS arrangements when the terms are up or even before, what on earth makes Mr. Layde think thousands of them will sign up to permanent or semi-permanent arrangements with local authorities at the lower rents the HAP will require? Is that not a cloud cuckoo land fantasy?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: To cut a long story short, there has been a very heated debate on the issue of the effective rate. In Professor Stewart's opinion as an expert in this area, the effective rate more reasonably calculated and studied is closer to the 2% that has been alleged than the 11.9% being claimed by the Government.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: That is quite a different view from that articulated by Ms O'Brien. A reasonable assessment of the effective rate would actually put it closer because the normal rule is if a company is incorporated in a place, it is taxed there. While it can be interpreted as that is what the Government and the Department of Finance are doing, if one is being consistent

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: In Ms O'Brien's view is the way we are defining residency reasonable?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: Does Ms O'Brien seriously believe that these companies we are discussing are managed and controlled from the Cayman Islands?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: In the case of one of the companies at the centre of much discussion at the weekend it was discovered it does not even have offices in the alleged place. However, Ms O'Brien thinks it is a reasonable proposition to suggest that a company that does not have offices in a place is actually managed and controlled from that place.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: To draw an analogy, is that not like the argument about nuclear disarmament: we are all in favour of it and will get involved in a long process of negotiating it but meanwhile we had better build as many nuclear weapons as we can? We are talking about getting a new international framework but there is a race to the bottom in respect of corporate tax, to the advantage of the multinationals.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: I am not as optimistic as Ms O'Brien. The G8 was dealing with global poverty and inequality ten or 15 years ago. We have not seen much movement on that front. I admire Ms O’Brien’s optimism. I commend Professor Stewart on challenging the consensus in this area. What he has said today is very important. It runs counter to everything that is being asserted by mainstream...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: Is Professor Stewart saying that the people advising the Department of Finance in this area are people who have a vested interest in interpretation?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: Three cheers for that perspective. I could not agree more with Professor Stewart. We make one law for domestic industries and another for multinationals in the area of tax liability. Does this also apply to the taxes registered in Ireland, for example, those on the Department’s tables which show a pre-tax profit of €70 billion and €4 billion paid in tax? There is some...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: If one can afford, which few can, to hire high-powered accountants and tax experts to minimise one’s tax liability, one can do very well.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Assessment of Measures Relating to Corporation Tax in Ireland: Discussion (17 Jun 2014)

Richard Boyd Barrett: There is an important cross-over between what is declared and what is not liable for tax because it is not resident here, in the money paid as administrative expenses to shelf companies for the use of patents and software and so on. Can Professor Stewart give us his opinion on how to tackle that? Professor Stewart says the law is very straightforward most of the time, in that if a company...