Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I am familiar with the commitment that I gave to the Deputy and to the committee. That commitment will be fulfilled. The work is ongoing within the Department of Finance and as soon as it has been completed, it will be shared with the Deputy and the other members of the committee. I am aware of course of the OECD report. The Department and the Revenue Commissioners are much closer to the detail and will be in a position to provide an estimate. I expect it will be in the form of a range because there is considerable uncertainty and many moving parts as to what the potential additional revenues may be from pillar 2. Of course, profitability projections are part of that. Then we will continue to negotiate pillar 1.

The commitment will be honoured. I do not have that information yet. Once I have it we will write to the committee and make sure that it is shared at an early date.