Colm Brophy (Dublin South West, Fine Gael) | Oireachtas source

I thank the Minister and the Deputy. I know Deputy Doherty wants to come back in but I want to tease out one specific area with the Minister for a couple of minutes. We had a contribution to the committee from representatives of IBEC who trumpeted their fears and concerns regarding the OECD-led reforms of taxation in respect of our corporation tax system. Effectively, they stated that it was the bigger threat, and I do not want to misquote them, to our economic prosperity. In answer to questions earlier, the Minister characterised those type of changes as a medium-term threat and not comparable with that of Brexit. The IBEC representatives certainly highlighted it. I am interested to hear the Minister's and the Government's thinking on how the corporation tax structure changes being pushed for at international level will impact on budget planning here over the next couple of years.