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  • Question on effective corporate tax rate – Thomas Pringle TD
    that are significantly lower than 12 5 At this point it is important to state clearly that such companies are not paying a low rate of Irish tax all companies in Ireland pay the standard 12 5 rate on their profits which are generated in Ireland The reports concerned appear to have incorrectly attributed to Ireland profits that represent the return due to assets in other jurisdictions owned by group companies that are not resident in Ireland It is incorrect to relate the 12 5 corporation tax rate to both the profits of the Irish resident group companies and the profits of foreign resident group companies which are not profits chargeable to Irish corporation tax By mixing up the Irish profits and the foreign profits of multinational groups like this these reports can produce an average tax rate for the companies concerned that is lower than 12 5 and an incorrect inference that the full Irish profits are not being charged Multinational groups with subsidiaries in other countries as well as in Ireland incur other bona fide expenditures For example licence payments which are paid to group companies in foreign jurisdictions for the use of intellectual property rights are properly deductible in computing Irish profits If these licence payments are untaxed in the foreign jurisdiction this will reduce the average rate of tax for the total profits of the Irish and the foreign resident subsidiaries when these are taken together From an Irish perspective we ensure that the profits arising in Ireland are taxed at our 12 5 rate of corporation tax We do not seek to charge profits properly attributable to other jurisdictions The ability of entities to lower their world wide effective rate of tax using international structures reflects the global context in which Ireland and indeed all countries operate Differences arise in the legal and tax systems between countries International tax planning takes account of these differences in national systems and rules The only way to combat such arrangements is for countries to work together to examine these structures and to consider how international rules can be amended to ensure fair levels of taxation In that regard Ireland participates fully in both the OECD s Forum on Harmful Tax Practices and the EU Code of Conduct Group During the forthcoming Irish Presidency of the European Council my Department intends working closely with the European Commission and other EU Member States to make progress on new EU proposals on tax evasion and aggressive tax planning The tax system in Ireland has a positive international reputation based on transparency and the fact that it is applied equally and openly to all corporate taxpayers The fact that Ireland has an extensive tax treaty network confirms our international standing The January 2011 Global Forum Peer Review Report on Ireland s legal and regulatory framework for transparency and exchange of information found that Ireland has an effective system for the exchange of information in tax matters and is fully compliant with OECD

    Original URL path: http://www.thomaspringle.ie/2013/01/18/question-on-effective-corporate-tax-rate/ (2016-02-16)
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  • Question on imposing Financial Transaction Tax – Thomas Pringle TD
    from the introduction of an FTT is likely to be modest Based on assumptions used by the Commission the report estimates the potential yield from the FTT to be between 490m and 730m Under the Commission s proposal 2 3rd of this yield would have gone directly to the EU to fund its Budget The report identified the following downsides and potential downsides to the introduction of an FTT Financial sector impact An FTT could displace financial sector activity especially when alternative locations are readily available in this case the UK This would pose a real risk to Ireland given the financial services sector accounts for 10 of GDP Macro economic impact An FTT would likely lead to a lower level of economic activity in the financial sector which might also result in lower receipts from income tax and corporation tax Exchequer impact A 1 stamp duty applies on transfers of shares in Irish companies The Commission s proposal would involve the abolition of this tax and the loss of existing Stamp Duty revenue c 195m in 2011 and c 170 m in 2012 The report also identified that financial firms operating in Ireland may make their decision to stay in Ireland or relocate based on a range of factors and not solely whether a FTT is applied These considerations include taxation the legal and regulatory environment availability of skilled employees and general costs of conducting business in Ireland including the additional potential costs associated with the FTT Nevertheless given that several firms in both financial intermediation and fund service providers are large employers within their sectors concentrated employment losses are a possibility if relocation occurred within those sectors There is also empirical evidence which can be relied on to support the contention that the introduction of an FTT may lead to job losses Sweden opposes the European Commission s proposed FTT because when it introduced such a tax in 1984 its financial services industry reduced in size and the tax was eventually repealed in 1990 As previously stated the report was based on the original Commission proposal There is no revised formal FTT proposal from the Commission at this point only a proposal to authorise the introduction of an FTT by enhanced co operation rather than a proposal outlining the shape of the FTT itself The Commission s formal proposal for a Directive implementing enhanced co operation in the area of financial transactions tax will only be available after the Council vote has taken place to authorise enhanced co operation It is also quite possible that the states who do wish to introduce an FTT may amend the Commission proposal and in this regard it is worth noting that the new French FTT introduced in August 2012 is closer to a Stamp Duty than to the current Commission proposal I do not propose to request a further analysis unless and until the Commission issues a revised proposal and any decision to request a further analysis will depend on the

    Original URL path: http://www.thomaspringle.ie/2013/01/18/question-on-imposing-financial-transaction-tax/ (2016-02-16)
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  • Question on single house effluent treatment systems – Thomas Pringle TD
    By admin Tweet Pin It Updated 18th January 2013 Question No 135 Chun an Aire Comhshaoil Pobail agus Rialtais Áitiúil To the Minister for the Environment Community and Local Government To ask the Minister for the Environment Community and Local Government when the standards will be published that single house effluent treatment systems will have to comply with after registration and if he will make a statement on the matter Thomas Pringle For WRITTEN answer on Thursday 17th January 2013 Ref No 2148 13 REPLY Minister for the Environment Community and Local Government Mr P Hogan The Water Services Amendment Act 2012 provides that t he basic standard to be met by all domestic waste water treatment systems is that they should not create a risk to public health or the environment Draft standards to augment this requirement were drawn up by my Department in consultation with the EPA and were issued for public consultation in March 2012 165 submissions were received and were taken into consideration in the Water Services Acts 2007 and 2012 Domestic Waste Water Treatment Systems Regulations which I made on 26 June 2012 The regulations set out performance standards including requirements regarding the maintenance and de sludging of on site systems The relevant legislation is available in the Dáil library Be Sociable Share Previous Story Question on climate summit Doha costs to Exchequer Next Story Question on imposing Financial Transaction Tax About admin Contact Info Killybegs Constituency Office Connolly House Bridge Street Killybegs Co Donegal 074 97 41880 thomas pringle oir ie Latest News Look out for my General Election 2016 newsletter February 11 2016 12 59 pm DONEGAL NOW Donegal TD reveals Minister Lynch will not meet with Save Our St Joseph s Campaign February 11 2016 11 24 am DONEGAL NOW Calls on

    Original URL path: http://www.thomaspringle.ie/2013/01/18/question-on-single-house-effluent-treatment-systems/ (2016-02-16)
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  • Question on climate summit Doha costs to Exchequer – Thomas Pringle TD
    Chun an Aire Comhshaoil Pobail agus Rialtais Áitiúil To the Minister for the Environment Community and Local Government To ask the Minister for the Environment Community and Local Government further to Parliamentary Question No 422 of 4 December 2012 if he will include ministerial costs in the areas mentioned as well as any other costs not listed including subsistence visas other travel costs involved for all Irish delegates including ministerial and if he will state the total cost to the Exchequer with all costs included Thomas Pringle For WRITTEN answer on Tuesday 11th December 2012 Ref No s 55587 12 REPLY Minister for the Environment Community and Local Government Mr P Hogan My response to Parliamentary Question No 422 of 4 December includes travel and accommodation costs for all members of my Department including such costs incurred by me as Minister In respect of my flight and accommodation costs my economy return flight ticket to Doha cost 565 while the cost of my hotel accommodation is approximately 1 750 I do not yet have details of aggregate subsistence costs related to attendance by my Department at the UNFCCC 18th conference of the Parties in Doha as these have not yet been finalised Full information in respect of costs incurred by Irish delegates from other Departments and Agencies is not available in my Department Be Sociable Share Previous Story Question on costs of UN Framework Convention on Climate Change Summit in Doha Next Story Question on single house effluent treatment systems About admin Contact Info Killybegs Constituency Office Connolly House Bridge Street Killybegs Co Donegal 074 97 41880 thomas pringle oir ie Latest News Look out for my General Election 2016 newsletter February 11 2016 12 59 pm DONEGAL NOW Donegal TD reveals Minister Lynch will not meet with Save Our

    Original URL path: http://www.thomaspringle.ie/2012/12/11/question-on-climate-summit-doha-costs-to-exchequer/ (2016-02-16)
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  • Question on costs of UN Framework Convention on Climate Change Summit in Doha – Thomas Pringle TD
    Convention on Climate Change process is an important element of Ireland s and the EU s engagement in international environmental issues This is especially so in the context of Ireland s role as incoming EU Presidency during which we will be responsible for leading the EU s follow up work to the Doha Conference of the Parties over the course of the first half of 2013 As incoming Presidency we are already involved in a large number of additional engagements in Doha working with the current Presidency Cyprus the Council Secretariat and the European Commission as they conduct bilateral engagements with key delegations from other Parties and regional groupings Insofar as my Department s element of the Irish delegation is concerned in addition to my own participation in the High Level Segment a total of nine officials from my Department are attending part or all of the two weeks involved with four officials attending the full conference and EU preparatory meetings During the High Level Segment I also intend to take the opportunity to hold pre Presidency Ministerial bi laterals with Ministers from other EU Member States The Department s full delegation will be staying at the Kempinski Hotel This was chosen on the basis that the current EU Presidency the European Commission and the Council Secretariat are all staying there and as incoming Presidency it is useful to co locate with others forming part of the overall EU delegation to facilitate close co operation and where necessary allow for easy arrangement of early morning late night meetings at short notice In all cases the bookings are for the lowest of three available categories of accommodation in the hotel The total cost of accommodation for my Department s attendance at the conference a total of 108 person nights of accommodation

    Original URL path: http://www.thomaspringle.ie/2012/12/05/question-on-costs-of-un-framework-convention-on-climate-change-summit-in-doha/ (2016-02-16)
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  • Question on granting exploration licences – Thomas Pringle TD
    their nature size or location are made subject to an assessment with regard to their effects and that such assessment be subject to public participation in the decision making This has already been the practice in Ireland in the case of exploration for oil and gas Prior to the launch of a Licensing Round for the award of exploration licensing options in Ireland a Strategic Environmental Assessment or SEA is undertaken An SEA which includes both public consultation and consultation with prescribed bodies is the process by which environmental considerations are required to be fully integrated into the preparation of Plans and Programmes and prior to their final adoption The objectives of the SEA process are to provide for a high level of protection of the environment and to promote sustainable development by contributing to the integration of environmental considerations into the preparation and adoption of specified Plans and Programmes In the event that a project progresses to production an application for approval of a Plan of Development pursuant to a Petroleum Lease would be subject to a full Environmental Impact Assessment or EIA The EIA Directive ensures that the environmental implications of projects are taken into account in the permitting process before the final decisions are made and it involves the public in the decision making process making it more transparent The specific requirements of the Directive entail consideration of the potential impacts of the project on population fauna flora soil water air climatic factors material assets including the architectural and archaeological heritage landscape and the inter relationship between the above factors Under the Directive it should be noted that it is not possible to permit a project unless it can be determined following assessment that it would not have an unacceptable environmental or social impact Be Sociable Share

    Original URL path: http://www.thomaspringle.ie/2012/11/30/question-on-granting-exploration-licences/ (2016-02-16)
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  • Question on integration funding – Thomas Pringle TD
    funding By admin Tweet Pin It Updated 28th November 2012 QUESTION NO 501 DÁIL QUESTION addressed to the Minister for Justice and Equality Mr Shatter by Deputy Thomas Pringle for WRITTEN on Tuesday 27th November 2012 To ask the Minister for Justice and Equality if he will list all integration funding currently available for prospective applicants Thomas Pringle REPLY The Office for the Promotion of Migrant Integration in my Department has channelled significant funding for the promotion of migrant integration to local authorities national sporting bodies and other national organisations in recent years This funding is continuing but on a limited scale because our resources are reduced in line with public expenditure generally There is unfortunately little or no scope at present to take on new projects The Office is also responsible for the European Refugee Fund and the European Fund for the Integration of Third Country Nationals Consideration will be given to conducting a call for applications under these Funds early next year In 2012 the non pay provision for the Office for the Promotion of Migrant Integration is 1 344 million with a further 1 5 million for the two European Funds referred to above The allocations for 2013 will be published in the Book of Estimates Be Sociable Share Previous Story Question on Public Services Card roll out Next Story Question on granting exploration licences About admin Contact Info Killybegs Constituency Office Connolly House Bridge Street Killybegs Co Donegal 074 97 41880 thomas pringle oir ie Latest News Look out for my General Election 2016 newsletter February 11 2016 12 59 pm DONEGAL NOW Donegal TD reveals Minister Lynch will not meet with Save Our St Joseph s Campaign February 11 2016 11 24 am DONEGAL NOW Calls on Burton to provide additional funding for community services

    Original URL path: http://www.thomaspringle.ie/2012/11/28/question-on-integration-funding/ (2016-02-16)
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  • Question on Public Services Card roll out – Thomas Pringle TD
    Card PSC to enable individuals to gain access to public services more efficiently and with a minimum of duplication of effort while at the same time preserving their privacy to the maximum extent possible There are 4 main sub programmes to the PSC Project 1 PSC design and delivery The projects to design develop and deliver the PSC along with the capability to issue interact with manage and provide customer support for the card 2 SAFE Registration development The projects to develop and deliver the SAFE registration business processes and the ICT systems within the Department to support them and generate PSC requests 3 DSP Deployment The projects to deploy the functionality in the Department s offices register clients and issue cards to them and 4 Future use Projects to oversee the future development and use of the PSC and its infrastructure including possible use for on line and financial services both internally and in other public service bodies The first two programmes of work are essentially complete for issue of the standard PSC The detailed project plan to produce a PSC containing the Free Travel application PSC FT and a variant suitable for issue to juveniles is currently being finalised The DSP s main focus now is on the deployment of the registration process throughout the Department s offices and rapidly increasing its ability to issue standard PSC s A PSC is currently issued following a face to face registration process which involves the capture of an individual s photograph and signature the verification of identity and current address as well as the capture of additional data such as answers to security questions to be used in ensuring the future integrity of customers data Letters which are issuing from the Department to a number of customers in relation to registration for their PSC ask them to bring proof of identity and evidence of current address with them The roll out of the SAFE registration functionality on a national basis began in June this year following recruitment and training of staff The creation of a SAFE registration environment in a local office involves improving the technical connectivity installing new equipment and training staff in these offices to support the registration process To date this process has been completed in 41 DSP Offices with 72 SAFE Stations in production and some 500 staff have been trained The total number of Public Services Cards issued now exceeds 60 000 Work is continuing on developing the required bandwidth installing the appropriate equipment and training staff across the remainder of the Department s local office network In addition a number of dedicated public services card registration centres are being progressed One such centre has already opened in Gandon House on Dublin s Amiens Street and others will start to come on stream over the coming months On the specific issue of the validity period of the cards this was determined with regard to two issues in particular the security of the data held electronically

    Original URL path: http://www.thomaspringle.ie/2012/11/28/question-on-public-services-card-roll-out/ (2016-02-16)
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