Mr. Gary Tobin:

The only assurance that I am aware we ever give to companies - we repeat it in every budget - is that we are absolutely committed to the 12.5% corporation tax rate. That is the only assurance that I am aware we have ever given to any company. In fairness, companies know that it is the sovereign right of this Parliament to decide to change the tax law whenever it votes to change it. That is the right of Parliament. It is the way it is.