Mr. Derek Moran:

If I may, I will come in on this point. The Revenue Commissioners are closest to the companies from where this information is coming. The chairman's letter of last week or the week before is fairly detailed in indicating this is across the board and is substantially, other than a small amount, not a one-off. I must revert to my point that if one looks at stamp duties and capital gains tax in the early part of the previous decade, they went from 2% or 3% of total taxes to 15% and then collapsed back to that again. My point is the share of total taxation coming from the corporate sector has been in this band consistently over time. Even at the worst of times, it fell but it did not collapse in that way. I acknowledge to the Deputy there always are risks but this is a much less risky revenue flow than were those that were derived from construction sector.