Dominic Hannigan (Meath East, Labour) | Oireachtas source

I thank Deputy Crowe. I wish to ask a question that has not yet been asked, namely, in relation to the financial transaction tax, the Robin Hood tax, the total tax. Mr. Durkan mentioned in his evidence that he expects the City of London to get more peripheral if the UK pulls out of the European Union. One of the reasons Ireland was not one of the original 12 or so countries that signed up for the intergovernmental agreement to establish the financial transaction tax in some European countries, was we thought that would drive people from our financial services centre across to the UK. If the UK withdraws from the European Union does Mr. Durkan expect Ireland to have to sign up for the financial transaction tax? Would that then become a done deal? Everyone who wished to contribute has had an opportunity to do so. Deputy Dooley sends his apologies. He has another meeting but will read the answer to his question in the transcript.