My Department issues official taxation forecasts twice a year, firstly as part of the annual Budget, which is published in October each year and then updated, if necessary, in the Stability Programme Update (SPU) in April of the following year. Therefore, the next official forecast for 2016 in respect of corporation tax will be contained in the 2016 SPU. As part of the SPU process my Department will continue to examine, with the assistance of the Office of the Revenue Commissioners, the very strong corporation tax performance in 2015. Any revision of the 2016 forecast will take this analysis and any further developments, including the outturn for the first quarter of 2016, into account.