Mr. Philip Kermode:

I think it is a useful declaration of the intent of the Irish Government to pursue this issue. Obviously, what will matter is the replies that are received and how they are analysed. It is an important aspect of the exercise to consult. It is something that we in the Commission try to do as much as we can in order to test with people in the world exactly how they feel about these things. The OECD has already done the same type of exercise in the BEPS but the risk in the BEPS exercise in general is a risk related to the very ambitious timetable. The risk is that in order to have a solution or a resolution, we may end up in situations that are even more complex than those we have now and that is something about which we are very concerned.