Niall Collins (Limerick County, Fianna Fail) | Oireachtas source

It was said that capital gains tax was one of a number of issues that came into consideration for start-up enterprises. What is the IDA's experience of the personal taxation regime when it comes to dealing with target clients and the question of attracting executives? How does the regime impact on our competitiveness and to what extent is it a barrier?

Can the witnesses comment on the connectivity fund established by the Government from the proceeds of the State's shareholding in Aer Lingus? It has been reported that approximately €60 million of that has been committed, part of it to Aqua Comms and €35 million to the Dublin Airport Authority. To what extent are the witnesses involved with client companies who want to access the connectivity fund? It is stated that it likes to fund energy, air, sea and mobile data connectivity to help build Ireland's international links so it will have a parallel with the Brexit issue we are discussing today.

The IDA has had an increase in its capital budget of 22%, or €15 million. Has it a plan to increase the roll-out of its advanced facilities next year to the parts of the country I and Senator Mac Lochlainn represent, which do not get a high concentration of site visits? The IDA categorises sites by region and not by county and when regional figures are broken down for counties it tells a different story.

We have some 38,000 employed in the financial services sector. Ms Buckley said the IDA believed there were potential opportunities for Ireland from the UK vote but that quantifying these at the moment was not possible. This is a fair statement given the great unknown that Brexit is. In any discussion of Brexit the word "unknown" is at its centre but on Newstalk this morning a guy on the business section, whose name I do not remember, gave a figure of approximately 10,000 working in financial services in the city of London who might relocate. I understand the IDA's constraints in this regard but does it have any kind of handle on what the potential upside might be? Has it any target in this regard? I understand why it is reluctant to give any targets as it will be held to account on them some time down the road, but perhaps Ms Buckley could give us more information.