Certainly, it could be a large.... I'll give you an example of a large coffee company that might have its copyright for its well-known brand symbol reside in Luxembourg. What happens is that they notionally on paper transfer goods to that country and tax them in that country at a much lower rate than where the consumption and the production actually occur. Also, they ascribe the bulk of their profits to the royalties associated with that brand, that symbol that's owned in Luxembourg. Mostly, we're talking about very large companies.
I'll give you another example. I can't remember the exact island, but there's a British island that is notionally the biggest exporter of bananas in the world, and there's never a banana on this island. The goods are notionally transferred through this island. They are priced and taxed there, and even the economic activity occurs elsewhere. Essentially, if we're transfer pricing, we're allowing economic activity that occurs in this country to be taxed elsewhere and not go into public revenue.