Ms Colette Bennett:

Yes, particularly on the use of trusts and corporate restructures for succession planning in order to perhaps remove assets from the net of capital acquisitions tax, there were some moves, probably about eight years ago, to ensure that firms advising on those kind of corporate restructures or succession planning tax structures had a duty to report to the Revenue Commissioners. That is certainly one measure but more could be done on the clarity and transparency of those structures, particularly those that are using offshore entities and unlimited companies.