Mr. Pascal Saint-Amans:

No. However, action No. 11 in the action plan is on dealing with the spillover effects of our work. I understand that the IMF is also willing to work in this area. We would welcome this complementary analysis.

We gathered evidence in February. We found some in the analysis of the effective tax rate of a number of companies. We also found some evidence in the indicators of foreign direct investment, FDI. For example, when the British Virgin Islands is one of the top five investors in China, the Netherlands, Russia and elsewhere, it gives the sense that something is happening. Even though we did not have a figure to indicate the loss, the elements we possessed led us to believe that something was happening to jeopardise the revenues of member countries.