Mr. Bert Zuijdendorp:

The rationale for limiting the mandatory aspect of the CCCTB to larger multinational enterprises is that we believe - this is also borne out by the evidence - that such enterprises have a greater capacity to engage in aggressive tax planning to reduce their tax burden. We know from studies that on average their tax burden is substantially lower than that of small and medium sized enterprises. The focus on multinationals above €750 million is a pragmatic one. It catches the most relevant population of companies in terms of those that are most likely to engage in aggressive tax planning. According to our figures, worldwide there are some 6,000 multinational enterprises which would fall under the scope of the proposal, that is, which have a turnover of more than €750 million, out of which some 3,500 are EU based. We are looking at a manageable population but still a very relevant one. I will ask my colleague to provide information on the share of total profits in the EU.