I made an error when I spoke on Second Stage by assuming that all the large international companies in this country would have to set up an Irish company and that this Bill would apply to them. I was incorrect. Many of the large international companies which operate in Ireland do not set up a separate Irish company. The Bill does not apply to many of those large companies. This means it will apply only to an established Irish company competing with a foreign company in Ireland, not to a foreign based company. There are large costs involved.