Mr. Gerry Howard:

Could I go into it in further detail and explain the background a little? Multinational groups with subsidiaries in countries in addition to Ireland incur bona fideexpenditures of patent royalties that are paid to group companies in foreign jurisdictions for the use of intellectual properties in a business. They are based on an OECD arm's length standard for pricing. They are properly deductible in computing Irish profits. They would be deductible no matter where one was in the world, if one pays-----