Dr. Eddie Casey:

That is more or less in line with what we would estimate as well. We are slightly higher but not much. An interesting and useful way to think about this is how long it would take for the core corporation tax receipts that we estimate, that is, the non-windfall bit, to catch up to where we are now. If we take it that this normally grows in line with the domestic economy, so that the overall profits in the economy and how we measure those, typically we would use something like GNI* or domestic gross value added, it would take years and years for it to catch up to the level we are at now. To answer the Deputy's first question, it is just unknowable. It could take a very long time for this to be considered as all being contributed by the domestic economy. It is clearly driven by foreign multinational profits.