Mr. Ed Brophy:

I would echo that. Obviously it is hard to speculate on the course of US politics at the moment because it changes from week to week. We have always been highly supportive of the OECD BEPS reform process and of a global minimum tax, and the various other aspects of that. We would love to see that deal get across the line, having been agreed internationally, domestically within the US and elsewhere. We have been working quite hard on this, but it is very hard to see how it will play out politically in the US. We are very keen to see it get to a resolution to create the kind of certainty that would provide for countries across the world, including Ireland, to have a new global minimum rate. I am very supportive of that, but is hard to see what is going to happen in US politics.