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Comment by Y_Y

It's simple enough, an Irish company called Apple licenses its very valuable IP to its entities in cheaper countries so they can do things like manufacturing, server farms, customer support.

(It also carries on these some of these functions in Ireland, as it happens, and pays a ton of tax at the relatively high income tax rates there.)

It's frankly curious to me when a multinational chooses to base itself anywhere less favourable.

parent Y_Y 3 years ago

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