Ceisteanna Parlaiminte

Irish Real Estate Fund

Pearse Doherty

151. Deputy Pearse Doherty asked the Minister for Finance if the removal of the IREF five-year holding capital gains tax exemption applies to all IREFs and is retrospective to assets acquired before 1 January 2019. [19324/19]

Irish Real Estate Fund

Pearse Doherty

152. Deputy Pearse Doherty asked the Minister for Finance the rate capital gains tax is chargeable regarding IREFs which are subject to the tax; and if this can be reduced through double tax treaties or by the fact that the IREF is owned by institutional investors such as pension funds. [19325/19]

Irish Real Estate Fund

Pearse Doherty

153. Deputy Pearse Doherty asked the Minister for Finance the reason he chose to allow IREF shareholders an exemption from capital gains tax on disposal of IREF shares even in cases in which the shares are not quoted on the stock exchange as was originally anticipated when this legislation was introduced. [19327/19]

Irish Bank Resolution Corporation

Pearse Doherty

161. Deputy Pearse Doherty asked the Minister for Finance the estimated receipts due to be received from the IBRC by each year until these receipts are expected to end in tabular form. [19503/19]

NAMA Accounts

Pearse Doherty

162. Deputy Pearse Doherty asked the Minister for Finance the estimated amount of the €3.5 billion NAMA surplus due to be received in each year until all the payments are made in tabular form. [19504/19]

Banking Sector

Pearse Doherty

163. Deputy Pearse Doherty asked the Minister for Finance his policy on the sale of State-owned bank shares in the short and medium term; if this policy differs between the banks concerned; if changes in the value of these shares create a change in policy; and if he will make a statement on the matter. [19505/19]

Housing Issues

Pearse Doherty

164. Deputy Pearse Doherty asked the Minister for Finance the evidence to support the claims made in the stability programme update 2019 that there is a threat of an overshooting of housing supply; and if he will make a statement on the matter. [19506/19]

Economic Data

Pearse Doherty

165. Deputy Pearse Doherty asked the Minister for Finance his preferred method of measuring the structural balance in view of the inclusion of two methodologies in the stability programme update 2019; and if he will make a statement on the matter. [19507/19]

Economic Data

Pearse Doherty

166. Deputy Pearse Doherty asked the Minister for Finance his views on whether the European Commission will accept the methodology for calculating the structural balance as included in the stability programme update 2019; and if he will make a statement on the matter. [19508/19]

Economic Data

Pearse Doherty

167. Deputy Pearse Doherty asked the Minister for Finance his views on the most accurate methodology for measuring the output gap in the economy between his Department and the commonly agreed methodology of the European Commission; and if he will make a statement on the matter. [19510/19]

Insurance Industry

Pearse Doherty

39. Deputy Pearse Doherty asked the Minister for Finance the extent to which transparency has been introduced into insurance, pricing motor and business; when the price of business insurance will be readily measurable; and if he will make a statement on the matter. [18015/19]

Tax Code

Pearse Doherty

53. Deputy Pearse Doherty asked the Minister for Finance the steps he will take to change the lucrative tax arrangements in place in order to disincentivise commercial investors from distorting the market for new housing in Dublin and nationally through the buy-to-rent model; and if he will make a statement on the matter. [17794/19]

Code of Conduct on Mortgage Arrears

Pearse Doherty

61. Deputy Pearse Doherty asked the Minister for Finance his views on the use of fixed assets receivers by vulture funds and State-owned banks to force the sale of buy-to-let properties in arrears; and if he will make a statement on the matter. [17793/19]

Tax Code

Pearse Doherty

72. Deputy Pearse Doherty asked the Minister for Finance when he will make a decision and implement the decision on a change to betting tax in view the ongoing impact on the sector and on independent bookmakers; and if he will make a statement on the matter. [17795/19]

Carbon Tax Implementation

Pearse Doherty

75. Deputy Pearse Doherty asked the Minister for Finance his plans to increase carbon tax; his views on the impact of such an increase on the progressivity of the tax system; and if he will make a statement on the matter. [17796/19]

State Aid Investigations

Pearse Doherty

77. Deputy Pearse Doherty asked the Minister for Finance when the appeal against the European Commission ruling in a case (details supplied) will be heard; and if he will make a statement on the matter. [17797/19]

Legal Costs

Pearse Doherty

54. Deputy Pearse Doherty asked the Minister for Finance the cost to date and the anticipated final cost of the appeal in a case (details supplied); and if he will make a statement on the matter. [17046/19]

State Aid

Pearse Doherty

55. Deputy Pearse Doherty asked the Minister for Finance the way in which the amount in the escrow account set up on foot of the EU Commission state aid ruling in a case (details supplied) has varied since its establishment; if there is a net average monthly cost or gain accruing to the fund including income and expenses; and if he will make a statement on the matter. [17047/19]

Financial Services and Pensions Ombudsman

Pearse Doherty

145. Deputy Pearse Doherty asked the Minister for Finance when cases (details supplied) will be decided upon by the Financial Services and Pensions Ombudsman; and if he will make a statement on the matter. [16045/19]

Bank Charges

Pearse Doherty

147. Deputy Pearse Doherty asked the Minister for Finance his views on whether banks should be compelled to charge all transaction fees at the point of purchase in the interest of transparency; and if he will make a statement on the matter. [16143/19]

Bank Charges

Pearse Doherty

148. Deputy Pearse Doherty asked the Minister for Finance the reason certain banks are allowed discriminate in their fee structures against customers with less than a certain amount in their account by imposing fees; and if he will make a statement on the matter. [16144/19]

Brexit Issues

Pearse Doherty

165. Deputy Pearse Doherty asked the Minister for Finance if the change made in the Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Act 2019, which increased to €175 the threshold required to avail of duty-free shopping, will only come into force when the section is commenced; his plans in this regard; the reason the change was made; and if he will make a statement on the matter. [16696/19]

Mortgage Debt

Pearse Doherty

57. Deputy Pearse Doherty asked the Minister for Finance if his attention has been drawn to reports that a company (details supplied) is writing to all borrowers in arrears demanding all arrears be cleared within 30 days; and if he will make a statement on the matter. [15692/19]

Brexit Data

Pearse Doherty

113. Deputy Pearse Doherty asked the Minister for Finance the projected impact of a no-deal Brexit on the structural balance from 2019 to 2024, in tabular form. [14978/19]

Stability and Growth Pact

Pearse Doherty

114. Deputy Pearse Doherty asked the Minister for Finance if Ireland will receive an updated medium-term-objective, MTO, in 2021; if not, when a new MTO will be applied to Ireland; and if he will make a statement on the matter. [14980/19]

Brexit Data

Pearse Doherty

115. Deputy Pearse Doherty asked the Minister for Finance the projected structural balance for 2019 to 2024 or the latest available date in each of the major Brexit scenarios forecast by his Department. [14981/19]

EU Budget Contribution

Pearse Doherty

117. Deputy Pearse Doherty asked the Minister for Finance the EU contributions to be made by Ireland in each of the next five years if Ireland’s contributions were based on gross national income, GNI, star instead of GNI, with the other elements unchanged, based on best forecasts while the basis of other countries’ contributions remained unchanged; and if he will make a statement on the matter. [15091/19]

Budget Targets

Pearse Doherty

119. Deputy Pearse Doherty asked the Minister for Finance the projected one-off or temporary measures of spending from 2019 to 2024 or the latest available date in percentage of GDP and gross terms in tabular form. [15216/19]

Brexit Data

Pearse Doherty

120. Deputy Pearse Doherty asked the Minister for Finance the projected cyclical budgetary component for each year from 2019 to 2024; if a breakdown of the components of same will be provided; and if the same data for different Brexit scenarios will be provided in tabular form. [15217/19]

Budget Targets

Pearse Doherty

121. Deputy Pearse Doherty asked the Minister for Finance the expenditure allowed in 2020 and 2021 that would be permissible before breaching the medium-term budgetary objectives taking into account projected general Government balances; and if he will provide the same data for different Brexit scenarios. [15218/19]

Budget Targets

Pearse Doherty

122. Deputy Pearse Doherty asked the Minister for Finance the projected fiscal space from 2019 to 2024 or the latest available date; and if he will provide the same data for different Brexit scenarios in tabular form. [15219/19]

Budget Targets

Pearse Doherty

123. Deputy Pearse Doherty asked the Minister for Finance the projected total general Government revenue from 2019 to 2024 in both gross figures and as a percentage of GDP; and if he will provide the same data projected for different Brexit scenarios. [15220/19]

Budget Targets

Pearse Doherty

124. Deputy Pearse Doherty asked the Minister for Finance the projected total general Government expenditure from 2019 to 2024 in both gross figures and as a percentage of GDP; and if he will provide the same data projected for different Brexit scenarios. [15221/19]

Credit Availability

Pearse Doherty

56. Deputy Pearse Doherty asked the Minister for Finance if his attention has been drawn to the promotional practices of car dealers who advertise on radio that persons with poor and bad credit history can avail of car finance arrangements; and his views on whether this is predatory promotion for sub-prime credit. [14619/19]

Credit Availability

Pearse Doherty

57. Deputy Pearse Doherty asked the Minister for Finance the status of progress regarding the assertion by the Competition and Consumer Protection Commission that car dealers could have to check the financial situation of prospective car buyers and proposed greater regulatory oversight of the sector. [14620/19]

Credit Availability

Pearse Doherty

58. Deputy Pearse Doherty asked the Minister for Finance his views on the fact that some members of the public have signed up for complex PCP finance deals without understanding the details of the finance and the negative implications for prospective first-time buyers as PCP is detrimental to them when accessing a mortgage. [14621/19]

Central Bank of Ireland Data

Pearse Doherty

60. Deputy Pearse Doherty asked the Minister for Finance if table A.6 of the Central Bank money and banking statistics refers specifically to residential assets here that are securitised; and if he will make a statement on the matter. [14638/19]

Central Bank of Ireland Data

Pearse Doherty

61. Deputy Pearse Doherty asked the Minister for Finance the value of securitised assets that are residential mortgages securitised by exam bank; and if he will make a statement on the matter. [14639/19]

Financial Services and Pensions Ombudsman

Pearse Doherty

114. Deputy Pearse Doherty asked the Minister for Finance the average time taken by the Financial Services and Pensions Ombudsman to acknowledge a complaint; if he will decide on the validity of the complaint and resolve cases in 2018; and if he will make a statement on the matter. [14485/19]

Financial Services and Pensions Ombudsman Administration

Pearse Doherty

176. Deputy Pearse Doherty asked the Minister for Finance if he is satisfied that the Financial Services and Pensions Ombudsman is sufficiently resourced to handle the complaints it receives in a timely manner; and if he will make a statement on the matter. [14486/19]

EU Budget Contribution

Pearse Doherty

195. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 105 of 12 March 2019, the EU contributions to be made by Ireland in each of the next five years if the contributions were based on GNI*, based on best forecasts; and if he will make a statement on the matter. [13299/19]

Real Estate Investment Trusts

Pearse Doherty

198. Deputy Pearse Doherty asked the Minister for Finance the net tax take from IREF dividend withholding tax in 2017 and 2018. [13337/19]

Real Estate Investment Trusts

Pearse Doherty

199. Deputy Pearse Doherty asked the Minister for Finance the declared net profit on rental income from IREFs in 2017 and 2018. [13338/19]

Real Estate Investment Trusts

Pearse Doherty

200. Deputy Pearse Doherty asked the Minister for Finance the declared net profit on rental income from REITs in 2017 and 2018. [13339/19]

Real Estate Investment Trusts

Pearse Doherty

201. Deputy Pearse Doherty asked the Minister for Finance the declared capital gains from property held in IREFs in 2017 and 2018. [13340/19]

Real Estate Investment Trusts

Pearse Doherty

202. Deputy Pearse Doherty asked the Minister for Finance the declared capital gains from property held in REITs in 2017 and 2018. [13341/19]

Real Estate Investment Trusts

Pearse Doherty

203. Deputy Pearse Doherty asked the Minister for Finance the net tax take from REIT dividend withholding tax in 2017 and 2018. [13342/19]

Real Estate Investment Trusts

Pearse Doherty

204. Deputy Pearse Doherty asked the Minister for Finance if he will consider appropriate actions to curb the competitive advantage that IREFs and REITs have through their tax neutral or minimal tax status in view of recent comments in the media (details supplied). [13343/19]

Real Estate Investment Trusts

Pearse Doherty

205. Deputy Pearse Doherty asked the Minister for Finance if he has conducted a detailed analysis of the proportion of property here held in REITs and IREFs which have tax neutral status due to EEA pension funds owning shares in the property funds. [13344/19]

Mortgage Resolution Processes

Pearse Doherty

229. Deputy Pearse Doherty asked the Minister for Finance his views on the policy of State-backed and other lenders adding the legal fees to the mortgage in arrears in legal cases; and if he will make a statement on the matter. [13814/19]