Mr. Bert Zuijdendorp:

I would have to contradict the Deputy on this point. Deputy Doherty is assuming that the CCCTB will replace the existing Irish corporate tax regime, which is not an assumption that is in our proposals. It is entirely left up to member states to decide whether they will have two parallel tax systems in place. The proposal provides that member states have to introduce the CCCTB and that it will be mandatory for certain groups of companies. The proposals do not say that member states should do away with their existing national corporate tax systems.