Ms Cora O'Brien:

Yes. We would be looking at a considerably narrower base. Until we have a conversation like this about the CCCTB, common consolidated corporate tax base, we do not realise how wide the base in Ireland is. We have a low rate but we have very few deductions. The deductions we have are very targeted at innovation and research and development. Beyond that, we are very open and transparent. Other countries have way more deductions from their base. Ours is only going to go in one direction.