Mr. Sorley McCaughey:

Deputy O'Sullivan will remember - I do not know if other members were in the room at the time - when Professor Philip Alston, the UN special rapporteur on extreme poverty and human rights, was here. He was very clear on the relationship between tax and human rights.

He was very critical of Ireland and referenced our obligations under various international human rights conventions to which we are a signatory and under which we are failing. There are additional territorial obligations on Ireland to ensure that we do not compromise the revenue of other countries but we are not honouring those obligations at the moment.