Mr. Martin Shanahan:

In the same section of the report, Deputy Connolly will see that the Comptroller and Auditor refers to the World Bank study showing that the comparable effective tax rate in Ireland is 12.4%.

We have done a comparison across all countries. As I pointed out earlier, there are multiple ways to calculate this. I neither doubt nor dispute the fact that 13 companies have a tax rate of under 1%. There are reasons for this, which the Comptroller and Auditor General also refers to in the report.