Mr. Niall Cody:

It was 68% of the total corporation tax for 2012. They were paid by multinationals. This is a feature of the Irish tax system. Obviously, the country has significant foreign direct investment. There are operations of substance within the country with employees in the thousands. In addition to the €2.9 billion in corporation tax, they are significant payers of payroll taxes and a significant presence.

There are all sorts of developments going on that are in the public domain. I cannot talk about any cases. We have been very clear that we operate a system. Companies that operate here are taxed on the profits attributable to here and we administer that mostly through our large cases division, which has fairly regular oversight of what is happening in those companies. They are significant payers.