Mr. Derek Moran:

I visited the United States Treasury the week before last. The issue of inversions was not even raised. That was the day after they had just issued their regulatory instruction. The important point was not the three things they did but the statement from the Secretary of the Treasury saying that in order to fix this more legislative reform would be needed and that in this regard the problem with corporation tax was in the United States. That is not exactly what he said - I can get the statement for the Deputy - but that was the sentiment.