Mr. Pascal Saint-Amans:

That is a good question. I would need to understand the Irish system further to provide the right answer. I am not a specialist in the Irish tax system, nor am I on any system except for international tax rules. I would be happy to revert to the Deputy on his question.

Some of the Deputy's colleagues mentioned the issue of residency and whether it should be applied to companies based on their levels of activity. Such an approach has been taken in the current environment, but it takes two to tango, as it is said in English, and one must always mind the interactions with legislation in other countries. The residency approach has been well used.