Gerald Nash (Louth, Labour)
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We were told repeatedly two, three or four years ago by economists in the Department of Finance that by this point in time, we would probably be €2 billion worse off in terms of corporation tax receipts, even though people like me were reminding them at the time that pillar 2 of the base erosion and profit shifting, BEPS, process was likely to beneficial, at least in the short term, for the Irish Exchequer. What is Dr. Kelly's sense of that?