Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

This is a genuine question. As Minister for Finance, does the Minister have an indication of what the benefit of pillar 2 is likely to be to tax revenues in the State? I ask that question genuinely because we have legislated for it. It is now part of tax law; pillar 1 is not. Pillar 2 is going to happen in 2026. The Revenue Commissioners are preparing for it. Companies are preparing for it. Thousands of companies are in scope. As Minister for Finance, even if he does not want to give the information because it is being collated in the form of a range, which I can understand, surely he has an idea that the range of the increase is between 5% and 10% or between 10% and 15%.

Does he hold that view or is he completely in the dark like the rest of us, his only information being what the Department said two years ago, namely that there would be a net reduction of €2 billion regarding pillars 2 and 1 combined?