Parliamentary questions

EU-IMF Programme of Support Drawdowns

Thomas P. Broughan

151. Deputy Thomas P. Broughan asked the Minister for Finance the amount of financial support allocated by the Troika that has been drawn down to date; if he will estimate the total amount allocated that will be drawn down by the end of 2013; and if he will make a statement on the matter. [1447/13]

Promissory Note Negotiations

Thomas P. Broughan

152. Deputy Thomas P. Broughan asked the Minister for Finance the position regarding the next promissory note payment; if Ireland has made detailed proposals to address the resolution of this financial drain; and if he will make a statement on the matter. [1448/13]

Promissory Note Negotiations

Thomas P. Broughan

153. Deputy Thomas P. Broughan asked the Minister for Finance if the promissory note issue was resolved, the envisaged impact on the national budgetary finances for 2012/13; and if he will make a statement on the matter. [1449/13]

General Government Debt

Thomas P. Broughan

154. Deputy Thomas P. Broughan asked the Minister for Finance the other sources of funding that may be drawn upon for Budget 2014; and if he will make a statement on the matter. [1450/13]

Bond Markets

Thomas P. Broughan

155. Deputy Thomas P. Broughan asked the Minister for Finance if he will estimate the level of financing for the State that will be raised this year on the bond markets; and if he will make a statement on the matter. [1451/13]

General Government Debt

Thomas P. Broughan

156. Deputy Thomas P. Broughan asked the Minister for Finance the amount of cash-in-hand from the National Treasury Management Agency and excluding funding from Troika sources that is available to fund the general deficit in 2013 and 2014; and if he will make a statement on the matter. [1452/13]

Economic Growth Rate

Thomas P. Broughan

157. Deputy Thomas P. Broughan asked the Minister for Finance if he will outline the range of possible growth scenarios for 2013 and their potential impact on the economy here and the impact on the amount of money needed to run the State in 2013; and if he will make a statement on the matter. [1453/13]

State Debt

Thomas P. Broughan

158. Deputy Thomas P. Broughan asked the Minister for Finance if he will estimate the national debt at the start and end of 2013 and the ratio of the debt to GDP and GNP at the same time periods; and if he will make a statement on the matter. [1454/13]

European Stability Mechanism

Thomas P. Broughan

159. Deputy Thomas P. Broughan asked the Minister for Finance the level of support that he envisages will be available post-2013 for Irish budgets from the European Stability Mechanism; and if he will make a statement on the matter. [1455/13]

General Government Debt

Thomas P. Broughan

160. Deputy Thomas P. Broughan asked the Minister for Finance the estimated deficit reduction target in 2014; and if he will make a statement on the matter. [1456/13]

Alcohol Pricing

James Bannon

161. Deputy James Bannon asked the Minister for Finance his plans to increase duty on the higher alcohol products like spirits and on non-returnable long drinks, especially cans, which are sold predominately in the off-licence trade where there is no control on the amount that can be consumed; and if he will make a statement on the matter. [1473/13]

Tax Code

Éamon Ó Cuív

162. Deputy Éamon Ó Cuív asked the Minister for Finance the rate of tax in total on a litre of marked diesel oil including carbon tax, excise duty and VAT; and if he will make a statement on the matter. [1488/13]

Fuel Prices

Éamon Ó Cuív

163. Deputy Éamon Ó Cuív asked the Minister for Finance if he intends to reduce the total tax take on marked diesel oil or to intorduce a rebate from the carbon tax for registered agricultural contractors; and if he will make a statement on the matter. [1489/13]

Property Taxation Collection

Willie Penrose

164. Deputy Willie Penrose asked the Minister for Finance the position regarding a property which is held in trust for two children with special needs who live in the property with their parents, is it the case that this property will be exempt form the property tax; and if he will make a statement on the matter. [1504/13]

Mortgage Interest Rates Issues

John Lyons

165. Deputy John Lyons asked the Minister for Finance the measures he has considered to regulate the mortgage interest rates being applied by certain lenders particularly sub prime lenders; if his attention has been drawn to the fact that borrowers form these lenders find it difficult to refinance their mortgages with other providers and so are trapped paying penalty rates; and if he will make a statement on the matter. [1534/13]

NAMA Loan Offers

Pearse Doherty

166. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question 115 of 25 September 2012, if he will provide an assessment of the profit foregone in the National Asset Management Agency as a result of the proscription in section 99 and 202 of the NAMA Act 2009, blocking NAMA from selling assets to borrowers who are in default. [1548/13]

NAMA Loans Sale

Pearse Doherty

167. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Questions Nos. 179 to 182, inclusive, of 16 October 2012, if the National Asset Management Agency sells loans without placing such loans on the open market. [1549/13]

NAMA Loan Book

Pearse Doherty

168. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Questions Nos. 179 to 182, inclusive, of 16 October 2012, to confirm the original book value of loans sold by the National Asset Management Agency since his response. [1550/13]

NAMA Legal Fees

Pearse Doherty

169. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Questions Nos. 229 and 230 of 13 November 2012, if he will outline the approach by the National Asset Management Agency in assessing the recoverability of legal fees incurred in pursuit of certain loans and borrowers. [1551/13]

Investor Compensation Company Limited

Pearse Doherty

170. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 46 of 12 December 2012, and further to a report in a national newspaper (details supplied) which states in relation to Custom House Capital that the collapse of the entity will leave the State out of pocket by €15 million, if he will reconfirm that the Investor Compensation Company Limited is entirely self-funding. [1552/13]

Seed Capital Scheme Eligibility

Finian McGrath

171. Deputy Finian McGrath asked the Minister for Finance if he will provide an update on the possible seed capital for a new business setting up in the the northside; and if he will advise on where finances may be applied for. [1596/13]

VAT Rates Exemptions

Ciaran Lynch

172. Deputy Ciarán Lynch asked the Minister for Finance if, in view of the constraints imposed by the requirements of EU VAT law, he will consider the introduction of a scheme to refund VAT collected on a defibrillator purchased by a sports club or charitable body in view of the public benefit accruing from their being widely available; and if he will make a statement on the matter. [1624/13]

Pension Provisions

Robert Dowds

173. Deputy Robert Dowds asked the Minister for Finance if there is any provision in the recent changes to pensions to allow self employed people to withdraw money from their pensions ahead of schedule; and if not, if he will state whether he is considering such a provision. [1634/13]

Carbon Tax Collection

Charlie McConalogue

174. Deputy Charlie McConalogue asked the Minister for Finance the mechanism he plans to use to ensure that carbon tax on solid fuels is collected by Northern Ireland based wholesalers of solid fuels selling into the Republic of Ireland market; and if he will make a statement on the matter. [1636/13]

Proposed Legislation

James Bannon

175. Deputy James Bannon asked the Minister for Finance if his attention has been drawn to the fact that VAT legislation is preventing tenant purchase funding from being raised and if he will outline his plans to bring forward legislation to deal with this anomaly; and if he will make a statement on the matter. [1641/13]

Contingent Capital Notes

Pearse Doherty

176. Deputy Pearse Doherty asked the Minister for Finance following the announcement that negotiations to sell Bank of Ireland Contingent Capital Notes had concluded, if he will confirm the way he ensured that all potential buyers of the CCNs had equal access to all information required to make an investment decision. [1726/13]

Contingent Capital Notes

Pearse Doherty

177. Deputy Pearse Doherty asked the Minister for Finance following the announcement of his Department on 9 January 2013 that negotiations to sell €500 million to €1 billion of Bank of Ireland Contingent Capital Notes has concluded, if he will confirm if the sale had been discussed by the Board of Bank of Ireland; the date or dates on which it was discussed and if he had been lobbied or received requests from other investors in Bank of Ireland or their representatives urging a disposal of the CCNs. [1727/13]

Tax Yield

Richard Boyd Barrett

178. Deputy Richard Boyd Barrett asked the Minister for Finance further to Parliamentary Questions Nos 189 and 190 of 16 October 2012, the reason his claim that the effective corporation tax rate is 11.9% when in answer to parliamentary questions, his answer showed total manufacturing profits in 2012 at €28,762 million and other trading profits at €41,196 million and a total income figure at €61,034 million, whereas total corporation tax paid was €4,246 million suggesting a far lower effective tax rate; and if he will make a statement on the matter. [1738/13]

Corporate Tax Compliance

Richard Boyd Barrett

179. Deputy Richard Boyd Barrett asked the Minister for Finance if he will provide the most up to date figures on corporate profits declared and corporate taxes paid for 2011 and 2012 including tables CTSI for these years and other tables in the possession of the Revenue Commissioners showing a more detailed breakdown in the application of allowances, deductions and write downs applied to declared profits, reducing the total corporation tax liability; and if he will make a statement on the matter. [1739/13]

Tax Rebates

Bernard Durkan

180. Deputy Bernard J. Durkan asked the Minister for Finance the reason full entitlement of refundable income tax was not determined on the basis of income earned in 2009 when they ceased employment so payment in respect of which did not issue until 2010 in the case of a person (details supplied) in County Laois; and if he will make a statement on the matter. [1766/13]

Official Engagements

Micheál Martin

181. Deputy Micheál Martin asked the Minister for Finance if he or his officials have met any chief executive officers of the Irish banks recently; and if he will make a statement on the matter. [50872/12]

European Banking Sector

Micheál Martin

182. Deputy Micheál Martin asked the Minister for Finance the progress of discussions at EU Council meetings on increasing banking regulation; and if he will make a statement on the matter. [52235/12]

European Banking Union

Micheál Martin

183. Deputy Micheál Martin asked the Minister for Finance his views on the points made in the recent speech by Mr Matthew Elderfield in London, England, in relation to the European Banking Authority; and if he will make a statement on the matter. [54055/12]

Banking Sector Regulation

Micheál Martin

184. Deputy Micheál Martin asked the Minister for Finance his views on whether there should be more distance created between bank regulators and the banks they regulate; and if he will make a statement on the matter. [54056/12]

European Banking Union

Micheál Martin

185. Deputy Micheál Martin asked the Minister for Finance if, at the recent EU Council meeting, there was any discussion on a banking union and placing a maximum ceiling on bankers bonuses across the EU; and if he will make a statement on the matter. [54061/12]

Banking Sector Remuneration

Micheál Martin

186. Deputy Micheál Martin asked the Minister for Finance if he has considered capping senior banking officials salaries; and if he will make a statement on the matter. [54060/12]

European Banking Union

Micheál Martin

187. Deputy Micheál Martin asked the Minister for Finance if he is concerned about the lack of progress with the consolidation of EU banking plan; and if he will make a statement on the matter. [55451/12]

Tax Code

Micheál Martin

188. Deputy Micheál Martin asked the Minister for Finance his views on whether the decision to decrease the corporation tax in the UK will have any impact here; and if he will make a statement on the matter. [56515/12]

Promissory Note Negotiations

Micheál Martin

189. Deputy Micheál Martin asked the Minister for Finance if there will be a deal completed on the promissory note in the near future; and if he will make a statement on the matter. [56514/12]

Public Investment Projects

Kevin Humphreys

190. Deputy Kevin Humphreys asked the Minister for Finance if he has considered the use of retail bond such as those used in the United State of America like the Liberty Bond to fund infrastructure projects as part of future stimulus packages targeting areas with a potential for strong economic return; and if he will make a statement on the matter. [51429/12]

Bank Debt Restructuring

Richard Boyd Barrett

191. Deputy Richard Boyd Barrett asked the Minister for Finance if he made proposals on Ireland's legacy bank debt at the summit on 22 November 2012; and if he will make a statement on the matter. [51352/12]

Bank Debt Restructuring

Richard Boyd Barrett

192. Deputy Richard Boyd Barrett asked the Minister for Finance if he raised the issue of debt relief for Ireland at the European Union Summit on 13 and 14 December; and if he will make a statement on the matter. [56785/12]

Tax Reliefs Availability

Timmy Dooley

193. Deputy Timmy Dooley asked the Minister for Finance his views on the recent report from the Irish Hotels Federation and the proposal contained within the report for a limited form of tax relief to attract investment into the hotel industry; and if he will make a statement on the matter. [52632/12]

Jobs Initiative

Sandra McLellan

194. Deputy Sandra McLellan asked the Minister for Finance his views on whether the 2011 jobs initiative has delivered value added jobs in the tourism sector in view of the fact that the cost to the State was €120 million in 2011 and €350 million in a full year; and if he will make a statement on the matter. [52690/12]

Jobs Initiative

Sandra McLellan

195. Deputy Sandra McLellan asked the Minister for Finance if he will provide a breakdown of the number of persons employed full time and part time since the introduction of the jobs initiative which involved the reduction of VAT in services relating to the tourism sector; and if he will make a statement on the matter. [52691/12]

Jobs Initiative

Sandra McLellan

196. Deputy Sandra McLellan asked the Minister for Finance the cost to the State of each job created in the accommodation and food sector as a result of the jobs initiative; and if he will make a statement on the matter. [52692/12]

Jobs Initiative

Sandra McLellan

197. Deputy Sandra McLellan asked the Minister for Finance if he will provide a breakdown in terms of rates of pay for the 6,200 jobs which have been created as a result of the job initiative, May 2011, which involved a reduction in the rate of VAT in goods and services relating to tourism; if he will specify the percentage of these jobs that are at the minimum rate of pay; and if he will make a statement on the matter. [52689/12]

Credit Review Office Reports

Peadar Tóibín

198. Deputy Peadar Tóibín asked the Minister for Finance his views on the Credit Review Office's finding that 55% of appeals regarding loan refusals to small and medium enterprises have been overturned. [51880/12]

Job Creation Issues

Peadar Tóibín

199. Deputy Peadar Tóibín asked the Minister for Finance if he will detail research produced or identified by his Department that examines any correlation between the marginal rate of tax, foreign direct investment and job creation. [51875/12]

Tobacco Smuggling

Seamus Kirk

200. Deputy Seamus Kirk asked the Minister for Finance further to his reply of 21 November 2012, if he will outline by county or by region, the number of investigations carried out to combat criminal activity in the sale or smuggling of counterfeit, laundered and illegal products, under the following headings: oil / fuel, tobacco, counterfeit goods; and if he will list in tabular form the comparable figures for the previous three years; if he feels enough is being done to protect the Exchequer from this criminal activity; if he will outline any proposals that he is considering to protect retailers from the damage of this illegal activity; and if he will make a statement on the matter. [1836/13]