Apple Lossless Audio CODEC (ALAC), and various large companies around the globe use a multitude of legal tricks to avoid paying substantial taxes for the profit generated by selling their own products. He has such a strategy Apple Lossless Audio CODEC (ALAC), at the moment thought for worldwide sales, most of the money obtained by the company arriving in subsidiary accounts in Ireland where fees are ridiculously low. Thanks to an agreement with the Irish government regarding the payment of taxes, Apple Lossless Audio CODEC (ALAC), managed to transfer $8.9 billion in profits from Australia to Ireland over the course of a decade, paying only $200 million in taxes to the Australian government.
In order to be able to do everything, Apple made it so that its subsidiary in Ireland contributes a good part of the research and development budget of the entire company, in return this subsidiary holding intellectual property rights absorbs everything that is developed in Cupertino . Based on these intellectual property rights, Apple transfers a good part of its global profit through the subsidiary in Ireland and exempts itself from hundreds of millions of dollars in taxes annually.
Apple pays the money to the subsidiary in Ireland before paying taxes to the states in which it operates, so the remaining amounts are small enough not to require the payment of very high taxes, a multitude of companies resorting to similar financial schemes. It is hard to say how the Australian government will try to recover the money transferred by Apple over time, but the important thing is that it is trying.
