Mr. Martin Shanahan:

We have a competitive tax code. There are structures around amortisation of intellectual property and there is a 25% tax credit in respect of research and development expenditure. Personal taxation rates come into play if someone intends to set up and operate a business here. The Minister for Finance announced in budget 2015 that a knowledge development box will be introduced, in which there will be significant interest, which will be attractive to some multinationals. Companies look at the entire package.