Mr. Seamus Coffey:

That is based on simple financial assumptions. If we were to change the current tax rates of 25% and 33% to 12.5%, the loss would be in the region of that amount. If the proposal was to go further and consolidate the tax base, it would be very difficult to determine what the loss would be, but in the initial phase of the common tax base, the loss would be in the region of that amount.