Ms Cora O'Brien:

The long-term measure is where the EU sees its direction of travel going. The fact that it has said that if it gets agreement on this significant digital presence, which is the core of its long-term measure, that would be integrated into the CCCTB model. The ultimate object of the European Commission is to have a CCCTB with this significant digital presence definition included in it for digitalised businesses. It is quite upfront about its ambition in terms of the direction of travel in which this is going. We would certainly be concerned about that direction of travel.