Don't Apple and Amazon etc use licencing to artificially put their subsidiaries in debt? E.g. Amazon Cayman Islands licences its branding etc to Amazon Luxumbo

Don't Apple and Amazon etc use licencing to artificially put their subsidiaries in debt? E.g. Amazon Cayman Islands licences its branding etc to Amazon Luxumbourg which basically has to pay an exorbitant amount for it, enough so it's always in debt and therefore pays no tax. Of course, they're owned by the same company so money stays in the family but taxes are avoided.