Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Sorry to interrupt. I understand that, and I understand the rationale of the DAC as an accountancy and financial tool. If a section 481 tax credit is given for quality, employment and training, the basic requirement for an industry and employment is that we know who the employer is and we know who the employee is. The problem is we do not. The DAC exists purely for the duration of the production and for one year afterwards. The DAC is a wholly owned subsidiary of the parent company, for want of a better phrase, which is the recipient of the section 481 tax credit.