> so the subsidiary makes a massive loss Sure, and if it did, the parent would make a massive profit they would have to pay taxes on. Someone at some point ha

> so the subsidiary makes a massive loss Sure, and if it did, the parent would make a massive profit they would have to pay taxes on. Someone at some point has to pay taxes on the profits. Apple just pressured Ireland into looking the other way and granting a tax scheme that is not actually valid and the EC has corrected that by pointing out Apple failed to pay taxes it legally owed.