Banking Sector
Dail Éireann — 2026-05-26
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Pearse Doherty (SF), Donegal

The Minister is aware that a number of taxation and levy measures flowed from the fact that the State rescued these banks at a time when they were literally bankrupt and bankrupted the State with their activities. The Government has already overturned some of those, for example, the salary caps within banks. There is a prohibition on bonuses or at least there is an excess charge that applies in terms of a 45% additional USC charge on any bonuses that are paid out above a certain limit. There are other restrictions as well, including the levy. Where does the Minister now stand in relation to those issues with the State divesting its shareholdings in these three banks that were bailed out?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-05-26/debate/main
Retrieved: 2026-09-14T01:01:04+00:00
Sitting date: 2026-05-26