How Apple Utilized Ireland’s Tax Policies

Xiao Huang:DOORM, how did Apple utilize Ireland’s tax policies to avoid taxes? What were the specific methods they used?

DOORM:Apple took advantage of Ireland’s “Double Irish” tax policy by operating subsidiaries in Ireland that enjoyed extremely low tax rates. In 2014, Apple’s effective tax rate was as low as 0.005%. Through this method, Apple hid up to 110.8 billion euros in profits from 2004 to 2014, thereby avoiding substantial tax payments. This strategy allowed Apple to maximize its global profits while minimizing its tax burden.