Dr. Martin O'Brien:

It is also worth noting that as a result of the G7 statement during the summer, the wider OECD-inclusive framework around BEPS is back on the table. Whatever the conversations being had with respect to that, that may have an influence on what we currently understand as the benefits from pillar 2 in the short run. It points to the fact that we cannot orientate our medium-term fiscal policy, or fiscal stance, on receipts we have little certainty over.