Mr. Niall Cody:

There was not a deal. Revenue does not do deals. Instead, we examine the facts and circumstances and agree in the branch cases the profits that are attributable to the branch. The Committee of Public Accounts asked me about Mr. Cook's statements at the Senate committee and the idea that Apple effectively got a rate of 2%. I told that committee that it was a wrong explanation of what had happened. From where Apple was sitting, however, I could see how it would look at the amount of tax it paid over its worldwide profits. It is a sum-----