Ms Cora O'Brien:

We see Brexit as everybody does, namely, as one of the challenges and in large part it is why we decided to undertake the research for this report because it is about trying to address vulnerabilities and create a sustainable tax base. That will not happen overnight. Some parts of the indigenous Irish sector are very exposed to Brexit which means they need to expand the markets they are selling into and it also means that they need help in terms of innovating with new products so that they can expand the range of products they have. We are trying to get a bit more balance between the 80% corporate tax from the FDI sector and 20% corporate tax from the indigenous sector with a medium to longer term plan that drives the sector that is most exposed to Brexit and gives it some support. We think that is the priority for the next few years.