Results 101-120 of 1,718 for long speaker:Paschal Donohoe

Written Answers — Department of Finance: Ukraine War (10 Nov 2022)

Paschal Donohoe: .... Nevertheless, the evolution of the war and accompanying uncertainty will continue to present ongoing risks and there is a need to continue to closely monitor the situation in Ukraine along with inflation, energy price developments, second round effects and the impact which they have on economies. Ministers also received an update on progress on the implementation of the...

Written Answers — Department of Finance: Real Estate Investment Trusts (10 Nov 2022)

Paschal Donohoe: .... The deemed disposal provisions upon cessation of REIT status were restricted to REITs that have been in operation for at least 15 years, in line with the regime's stated objective of encouraging long-term, stable investment in rental property. Finance Act 2019 also introduced the “wholly and exclusively” test when calculating the REIT profits available for distribution....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: ...people who received help from help-to-buy in building up their deposits should not have received that support and that this scheme should not be in place. I differ with the Deputies on that. It has been a long-standing feature of the Irish tax code or expenditure policy for many years that some help is provided in the purchase of one's first home. The design of any scheme - and I have...

Written Answers — Department of Finance: Electric Vehicles (8 Nov 2022)

Paschal Donohoe: ...than the continuation of the current system with exemptions for electric vehicles (EVs). This will bring the taxation system around company cars into step with other CO2-based motor taxes as well as the long-established CO2-based vehicle BIK regimes in other member states. In addition to the favourable treatment for low emission vehicles in this new structure, there is currently also...

Written Answers — Department of Finance: Tax Code (8 Nov 2022)

Paschal Donohoe: ...descendant of the disponer. - the Group C threshold (currently €16,250) applies in all other cases.  Gifts and inheritances between spouses and civil partners are exempt from CAT. In the case of long-term cohabitants who are not married or in a civil partnership, the relevant Group Threshold is the Group C threshold, which is €16,250. In addition to this, a...

Written Answers — Department of Finance: Tax Code (8 Nov 2022)

Paschal Donohoe: ...rationale than the continuation of the current system with exemptions for electric vehicles (EVs).  This will bring the taxation system around company cars into step with other CO2-based motor taxes as well as the long-established CO2-based vehicle BIK regimes in other member states. In addition to the above and  in light of government commitments on climate change, Budget...

Written Answers — Department of Finance: Budget 2023 (27 Oct 2022)

Paschal Donohoe: ...than the continuation of the current system with exemptions for electric vehicles (EVs). This will bring the taxation system around company cars into step with other CO2-based motor taxes as well as the long-established CO2-based vehicle BIK regimes in other member states. In addition to the above and in light of government commitments on climate change, Budget 2022 extended the...

Finance Bill 2022: Second Stage (25 Oct 2022)

Paschal Donohoe: ...in service scheme for healthcare workers. In the miscellaneous provision section of the Bill, section 84 provides for a new vacant home tax, VHT, to be introduced in 2023. The measure aims to increase the supply of homes for rent or purchase, rather than raise revenue. The VHT will be self-assessed and administered by the Revenue Commissioners and will apply to long-term habitable...

Written Answers — Department of Finance: Tax Code (25 Oct 2022)

Paschal Donohoe: ...than the continuation of the current system with exemptions for electric vehicles (EVs). This will bring the taxation system around company cars into step with other CO2-based motor taxes as well as the long-established CO2-based vehicle BIK regimes in other member states. With significant Government commitments to decarbonise road transport, including a specific Climate Action Plan...

Written Answers — Department of Finance: Tax Code (25 Oct 2022)

Paschal Donohoe: ...than the continuation of the current system with exemptions for electric vehicles (EVs). This will bring the taxation system around company cars into step with other CO2-based motor taxes as well as the long-established CO2-based vehicle BIK regimes in other member states. In addition to the above and in light of government commitments on climate change, Budget 2022 extended the...

Written Answers — Department of Finance: Tax Code (19 Oct 2022)

Paschal Donohoe: ..., together. Last October a two-pillar solution to address the tax challenges arising from the digitalisation of the economy was agreed at the OECD. It is expected that the Agreement will bring long-term stability and certainty to the international tax framework arising from discussions which have taken place.   Pillar Two of the agreement provides for a minimum effective tax...

Written Answers — Department of Finance: Tax Code (18 Oct 2022)

Paschal Donohoe: ...from the emoluments of the employee to be assessed to income tax. Arising from an employee’s entitlement to a tax deduction under section 114, in respect of certain expenses, there exists a long-standing Revenue practice under which employers may reimburse tax-free to employees the expenses of travel (and subsistence relating to that travel), subject to certain conditions being...

Written Answers — Department of Finance: Vacant Properties (18 Oct 2022)

Paschal Donohoe: .../lpt/lpt-vac ant-properties-report.pdf. In arriving at the estimates for the Budget documentation, certain assumptions were made based on the Revenue data and took into account the number of long-term vacant properties (those unoccupied for greater than 12 months), their valuation band, as well as their reasons for lying vacant which may correspond with an exemption from the tax. It is...

Written Answers — Department of Finance: Tax Reliefs (13 Oct 2022)

Paschal Donohoe: ...rationale than the continuation of the current system with exemptions for electric vehicles (EVs). This will bring the taxation system around company cars into step with other CO2-based motor taxes as well as the long-established CO2-based vehicle BIK regimes in other member states. In addition to the above and in light of government commitments on climate change, Budget 2022 extended...

Written Answers — Department of Finance: Tax Code (12 Oct 2022)

Paschal Donohoe: ...rationale than the continuation of the current system with exemptions for electric vehicles (EVs). This will bring the taxation system around company cars into step with other CO2-based motor taxes as well as the long-established CO2-based vehicle BIK regimes in other member states. In addition to the above and in light of government commitments on climate change, Budget 2022 extended...

Written Answers — Department of Finance: Tax Code (11 Oct 2022)

Paschal Donohoe: ...than the continuation of the current system with exemptions for electric vehicles (EVs). This will bring the taxation system around company cars into step with other CO2-based motor taxes as well as the long-established CO2-based vehicle BIK regimes in other member states. In addition to the above and in light of government commitments on climate change, Budget 2022 extended the...

Written Answers — Department of Finance: Tax Collection (11 Oct 2022)

Paschal Donohoe: ...support to individuals and businesses, assisting them with their cash-flow during the difficult trading periods associated with the COVID-19 pandemic. The objective of the scheme is to support the long-term economic viability and survival of the participants/businesses concerned. The Deputy will be aware that, under the scheme, participants can temporarily ‘park’ certain...

Written Answers — Department of Finance: Tax Code (11 Oct 2022)

Paschal Donohoe: ...Pensions Reform and Taxations Group (IDPRTG) was established to carry out a number of tasks set out in the Roadmap for Pensions Reform 2018 -2023. The Roadmap set out the need to promote long-term pension saving to address income adequacy in retirement, in particular for low income earners. The IDPRTG is chaired by the Department of Finance, and includes representatives from the Department...

Written Answers — Department of Finance: Legislative Measures (11 Oct 2022)

Paschal Donohoe: ...’s 'Europe’s Beating Cancer Plan' includes an initiative for 2021-2023 to “Address fair access for cancer survivors to financial services (including insurance), viaa code of conduct and a reflection on long-term solutions”. Earlier this year, the Commission published an exploratory study on ‘Access to financial products for persons with a history of...

Written Answers — Department of Finance: International Agreements (11 Oct 2022)

Paschal Donohoe: ...OECD Agreement seeks to introduce a minimum tax rate for multinational enterprises across the globe. The EU Minimum Tax Directive, which introduces a minimum tax in the EU, will ultimately bring long-term stability and certainty to the international tax framework by ensuring there is a consistent and coordinated application of the minimum tax rules across EU Member States. Although...