Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

May I ask one brief final question on BEPS? The argument has been made by a witness who came before the committee previously that BEPS has the potential to reduce our corporate tax base. It is not simply about opportunities as there also are risks for Ireland here, regardless of whether one believes these are morally right things that should happen. There is a danger here and the point I am trying to get is whether a potential collapse could be coming down the line in respect of Ireland's corporation tax take. Is this possible, given the direction in which the witnesses believe BEPS will go and the possible reaction? I acknowledge there are many possibilities here but do they believe such a threat exists to Ireland's overall corporation tax take?