Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I am not questioning the rate. In the opening statement, it was stated that the Revenue advises in regard to loopholes, avoidance and so on. Is it the Revenue's view that the loophole, as we will want to call it, in terms of section 110 cannot be retrospective and that one has to allow for the mark to market opening?