Mr. Liam Lynch:

My overall view on BEPS is that anything, including the BEPS project, which facilitates international trade and commerce is a good thing from an Irish perspective. My only concern around the edges of BEPS is that there are areas where national interests will conflict. We should be aware of what our national interest is in this regard and ensure it is looked after. I am also concerned that there should be nothing in there which hinders international trade rather than helps it. There is no point in applying tax to a particular transaction with the aim of raising more tax if by applying that tax the transaction does not happen.