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Written Answers — Department of Jobs, Enterprise and Innovation: Economic Competitiveness (23 Nov 2017)

Frances Fitzgerald: The Government is aware that adequate supply of quality, affordable housing to buy and rent in the right locations, is important for Ireland’s overall competitiveness in attracting foreign direct investment. This is not least because the link between the cost of housing and wage expectations means that developments in the residential property sector impact on our international...

Written Answers — Department of Jobs, Enterprise and Innovation: Economic Policy (23 Nov 2017)

Frances Fitzgerald: As a small open economy, responding to external factors of change is not new to us - and Ireland's economic growth since the Action Plan for Jobs was first introduced has been impressive. The unemployment rate is now 6 percent, and well over 2 million people working every day.  There have been significant global developments over recent years that present considerable challenge....

Written Answers — Department of Jobs, Enterprise and Innovation: Departmental Agencies (23 Nov 2017)

Frances Fitzgerald: The Companies (Statutory Audits) Bill 2017, published on 6 November 2017, aims to enhance the oversight of statutory audits. The Bill strengthens the statutory powers of the Irish Auditing and Accounting Supervisory Authority (IAASA).  This will include enhanced investigation powers and oversight powers such as the power to impose a greater pecuniary sanction on statutory audit...

Written Answers — Department of Jobs, Enterprise and Innovation: Regional Aid (23 Nov 2017)

Frances Fitzgerald: The EU Regional Aid Guidelines (RAGS) allow each Member State to provide enhanced rates of State Aid in the least economically developed areas of each country. The 2014-2020 Regional Aid Guidelines entered into force on 01 July 2014.  Under the terms of the 2014 -2020 RAGS, regions covering 51.28% of Ireland’s population are designated as ‘assisted areas’. ...

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Ireland Jobs Data (23 Nov 2017)

Frances Fitzgerald: My Department and IDA Ireland are committed to supporting foreign direct investment (FDI) in every region and county in Ireland, including Wexford. CSO figures show that the unemployment rate in Wexford has decreased from 16,170 in 2011 to 11,478 in 2016, a reduction of almost 5,000 people. This overall positive employment trend is reflected by the levels...

Written Answers — Department of Jobs, Enterprise and Innovation: Office of the Director of Corporate Enforcement Reports (23 Nov 2017)

Frances Fitzgerald: The Section 955(1)(a) Report from the Director of Corporate Enforcement has been the subject of detailed consultation with the Office of the Attorney General.  On the advice received recently from the Attorney General, I do not have a legal power to publish statutory reports prepared pursuant to section 955 of the Companies Act, 2014.  I am conscious, however, that the...

Written Answers — Department of Jobs, Enterprise and Innovation: Job Creation Targets (23 Nov 2017)

Frances Fitzgerald: Yearly job creation by IDA Ireland, Enterprise Ireland and the Local Enterprise Offices is captured by the Annual Employment Survey (AES) conducted by my Department and published in January each year.  The 2016 survey remains the most up to date and accurate source of information on Enterprise Agency job creation until the 2017 figures are published early next year.     ...

Written Answers — Department of Jobs, Enterprise and Innovation: Comprehensive Economic and Trade Agreement (23 Nov 2017)

Frances Fitzgerald: In late 2015, the European Commission proposed a new approach to investment protection based on an international Investment Court System (ICS), to replace the historic Investor State Dispute Settlement (ISDS) system. The ISDS system has been the cause of controversy in our recent Trade negotiations. I believe that the Commission has rightly addressed the concerns...

Written Answers — Department of Jobs, Enterprise and Innovation: Ministerial Travel (23 Nov 2017)

Frances Fitzgerald: From 13 to 15 November 2017, I led a Trade Mission to the United Arab Emirates and Oman, in which over 30 Enterprise Ireland client companies participated.  These companies represented sectors including aviation, technology and financial services and participated in 11 business events and over 200 meetings with potential clients. My visit aimed to strengthen our ties with the...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Issues (23 Nov 2017)

Frances Fitzgerald: The UK decision to exit the EU will have direct and profound impact on many key policy and operational areas across DBEI and its Agencies. In advance of the Referendum my Department conducted a contingency risk assessment of the potential impacts of Brexit across policy areas of my Department. Given that the EU’s initial negotiating position is now clear, all of Government is...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Staff (23 Nov 2017)

Frances Fitzgerald: As the Deputy may be aware, an additional €3million was secured for my Department in respect of Pay in Budget 2017 and targeted specifically to assist with increased staffing needs for the Department and a number of our Agencies to deal with the evolving Brexit scenario.  These funds are enabling the Department and, primarily, our Agencies to recruit additional...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Documents (23 Nov 2017)

Frances Fitzgerald: The Deputy will be aware of the various research projects underway in my Department to help build an understanding of the possible implications of Brexit on Ireland for enterprise, consumers and trading relations. These studies will provide an evidence base to inform Ireland’s policy positions as part of the wider negotiation on the UK’s future relationship with the EU and...

Written Answers — Department of Jobs, Enterprise and Innovation: Industrial Development (23 Nov 2017)

Frances Fitzgerald: The Department of Business, Enterprise, and Innovation (DBEI) works across government to ensure the operating environment for all enterprises, including in the data management industry, supports success. Ireland’s reputation as a great place to do business serves to attract investment and encourage data management project development. The country is seen as particularly...

Written Answers — Department of Jobs, Enterprise and Innovation: Trade Strategy (23 Nov 2017)

Frances Fitzgerald: My Department has prioritised China as a marketplace with significant potential for Irish manufacturing and services and over the last number of years has allocated more resources to this market. IDA Ireland opened its first Chinese office in Shanghai in 2006, and then established an office in Shenzhen in 2010 and Beijing in 2013. Enterprise Ireland have offices in Beijing, Shanghai and...

Written Answers — Department of Jobs, Enterprise and Innovation: Gambling Legislation (23 Nov 2017)

Frances Fitzgerald: As the Minister for Justice and Equality has responsibility for gambling legislation, I am not in a position to say what measures, if any, are taken under such legislation to monitor excessive in-game purchases by children under 18 years of age.  The Consumer Protection Act 2007) which gives effect to Directive 2005/29/EC on Unfair Commercial Practices contains provisions of general...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Expenditure (23 Nov 2017)

Frances Fitzgerald: My Department has not had any expenditure on social media campaigns on issues related to Brexit. In the time available, it has not been possible to provide information on expenditure by agencies under the aegis of my Department. I will provide this to the Deputy once it is collated.

Written Answers — Department of Jobs, Enterprise and Innovation: Foreign Direct Investment (23 Nov 2017)

Frances Fitzgerald: The major ongoing reform proposals in the EU with regards to Corporation Tax surround the Common Corporate Tax Base (CCTB) and by extension, the Common Consolidated Corporate Tax Base (CCCTB).  The CCTB is being discussed first and only after it has been agreed will discussion move on to the CCCTB.  By its nature, the CCTB is a complex and detailed proposal and Member States...

Written Answers — Department of Jobs, Enterprise and Innovation: Foreign Direct Investment (23 Nov 2017)

Frances Fitzgerald: Taxation issues and related negotiations are the responsibility of the Minister for Finance and his Department.  Having said that, I can confirm that Ireland’s system of corporate taxation stands up to scrutiny.  Ireland, as a founder member of the OECD, has been at the forefront of international tax reform.  Ireland has been an early mover in implementing the...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Issues (23 Nov 2017)

Frances Fitzgerald: The UK decision to exit the EU will have direct and profound impact on many key policy and operational areas across DBEI and its Agencies. In advance of the Referendum my Department conducted a contingency risk assessment of the potential impacts of Brexit across policy areas of my Department. Given that the EU’s initial negotiating position is now clear, all of Government is...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Issues (23 Nov 2017)

Frances Fitzgerald: My Department and its enterprise agencies are focused on assisting companies to prepare for the UK's withdrawal from the EU. This includes efforts to build awareness of sector-specific challenges that Brexit is likely to pose. Much of our broader work so far to help mitigate the impact of Brexit on Irish firms is captured in my Department's recently published response...

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