PQ 36
36. Deputy Pearse Doherty asked the Minister for Finance to clarify when a loan related to a mortgage is sold to a section 110 special purpose vehicle and the legal title is transferred to a credit servicing firm, which party is responsible under subsection (5A), provided in section 110, provided no exemptions apply for the tax liabilities on revenue generated from specified mortgages; and if he will make a statement on the matter. [26348/25]
Introduced
21 May 2025
Last action
21 May 2025 · Financial Services
Status
written
Sponsors
Pearse Doherty
Subjects
Discovery layer
Source updated
21 May 2025
Summary
36. Deputy Pearse Doherty asked the Minister for Finance to clarify when a loan related to a mortgage is sold to a section 110 special purpose vehicle and the legal title is transferred to a credit servicing firm, which party is responsible under subsection (5A), provided in section 110, provided no exemptions apply for the tax liabilities on revenue generated from specified mortgages; and if he will make a statement on the matter. [26348/25]
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Timeline
21 May 2025
Financial Services
36. Deputy Pearse Doherty asked the Minister for Finance to clarify when a loan related to a mortgage is sold to a section 110 special purpose vehicle and the legal title is transferred to a credit servicing firm, which party is responsible under subsection (5A), provided in section 110, provided no exemptions apply for the tax liabilities on revenue generated from specified mortgages; and if he will make a statement on the matter. [26348/25]
Source: written
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1 official file
Financial Services
Financial Services
xml · EN · 21 May 2025
Sponsors
- Pearse Doherty · Asking member
- Finance · Finance · Addressed to
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- Official source: https://www.oireachtas.ie/en/debates/question/2025-05-21/36/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2025-05-21/pq_36
- ireland · q-2025-05-21-pq_36 · source updated 21 May 2025