Mr. Seamus Coffey:

I am not sure how much of that would be in the formal mandate of the fiscal council. I will address some of the corporation tax issues but very much in a personal capacity rather than anything the fiscal council assesses.

On the tax haven question, the Deputy makes the argument that because Ireland collects €11 billion in corporation tax, it would satisfy the popular or generally perceived definition of being a tax haven. One must assume that he does not think Ireland was a tax haven when we collected €4 billion in corporation tax.