Hacker News new | ask | show | jobs
by tomcorrigan 3114 days ago
That's called transfer pricing and is essentially illegal in almost every jurisdiction. There are of course plenty of loopholes and ways around it and large companies such as Apple spend a fortune with the big 4 accounting firms to take advantage of every such loophole.
1 comments

Would transfer pricing still be an issue if Apple EU was a completely separate company?