Mr. Niall Cody:

The Deputy is quoting is our approach to tackling tax evasion using offshore structures. We are a benchmark of best practice.

What we did in respect of tackling tax evasion using offshore structures, starting in 2003 with the offshore assets group, the fact that we raised in excess of €1 billion from tackling tax evasion using offshore structures, the changes we made regarding the opportunity to use voluntary disclosure in the context of people with offshore matters and the settlement opportunity that was finalised on 4 May, when we raised a further €84 million from the use of offshore structures to facilitate tax evasion, is part of a process. We had a good discussion on this last night. I discussed it at the Committee of Public Accounts in respect of HSB Swiss. It is a core part of some of the inquires and investigations the Comptroller and Auditor General has done, going back to the original work of the Committee of Public Accounts in 1999 on bogus non-resident accounts. The process we use has been adopted by many tax administrations following the work which we have done.