Aidan Davitt (Fianna Fail) | Oireachtas source

That is fair enough. The point I am making, bearing in mind that we hear comments about the wild west, is that what are obviously crimes are committed on all three websites at different times. I am curious about where the reports go and whether they are made to the relevant authorities. I received a very mixed answer. We will move on. The delegates have all given an answer in some shape or form.

I am worried about something the three companies have been raising for a while and that was mentioned by the Chairman of the Committee on Budgetary Oversight, Deputy Barry Cowen, at a meeting of that committee today. The proposed global minimum corporation tax rate of 15% was recently rejected by the US Congress. The Secretary of the Treasury of the United States, Ms Janet Yellen, was asked whether it would take quite a while for it to be accepted and she said that was quite conceivable. She has asked other countries to sign up to the new rate, and 130 have done so thus far. She is promising that if everybody else is made sign up, the Republicans will come on board. It is very much a "Live, horse, and you'll eat grass" attitude.

I am the Seanad spokesperson on public expenditure. What is the witnesses' opinion of the United States being one of the biggest pushers of this 15% global corporation tax rate? Evidently there are complications with the Republicans and the Democrats and the power in the different Houses. They have not been able to pony up themselves to be able to back this. I am curious about the bigger picture. Will this be a problem for Ireland if we sign up to this? I think we are going in very blind into this. I know it is a priority for some people, but in general it has not been. It has been one of the staple blocks to making Ireland such an important and attractive country to do business in. It has made Ireland so successful and is probably why all these prestigious, well-educated and successful people are here today. What are the witnesses thoughts on what is going on in America in relation to corporation tax and what knock-on effect it will have in Ireland?