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Dáil
‹ Order of Business

Tax and Central Bank legislation

Summary

Deputy Michael McGrath sought publication dates for international tax agreements, Central Bank consolidation and related legislation; the Tánaiste said the Bills were being prepared for publication next year.

In view of the recent publicity surrounding certain corporation tax matters relating to multinationals operating in this country, the international tax agreements Bill is particularly important in order to strengthen further the provisions on co-operation between Ireland and other countries on taxation matters. Will the Tánaiste confirm when that legislation will be brought forward?

The Central Bank (consolidation) Bill is another important legislative proposal designed to consolidate the full suite of legislation governing the functions of the Central Bank. What is the status of that Bill?

Many people are awaiting the introduction of the proposed new tenant purchase scheme to be provided under the housing (miscellaneous provisions) Bill. Will the Tánaiste indicate when that legislation is to be brought forward?

Comment on this

In regard to the international tax agreements Bill, which was originally to be called the mutual administrative assistance in tax matters (joint Council of Europe-OECD convention) Bill, a cross-departmental group has been established to resolve outstanding issues. It is expected to be published next year. As the Deputy knows, there have been several Bills relating to the functions of the Central Bank. Work is proceeding on the preparation of the Central Bank (consolidation) Bill and it will be published next year. Likewise, the housing (miscellaneous provisions) Bill is expected to be published in 2014.

Comment on this