Apple uses another legal entity, Cork, Ireland-based Apple Sales International (ASI) that asks Foxconn to produce a purchased device and to ship it directly to

Apple uses another legal entity, Cork, Ireland-based Apple Sales International (ASI) that asks Foxconn to produce a purchased device and to ship it directly to the country where it was ordered. This is part of a game called ¨transfer pricing¨, an OECD-approved legal procedure for multinational corporations to lower their overall average effective tax rate by creating a trans-jurisdiction network of company entities with patent/trademark cross-licensing contracts: https://taxjustice.net/faq/what-is-transfer-pricing/#:~:text=Transfer%20pricing%20is%20a%20technique,at%20an%20artificially%20high%20price https://taxjustice.net/faq/what-is-transfer-pricing/#:~:text.... https://curia.europa.eu/juris/document/document.jsf?text=&docid=228621&pageIndex=0&doclang=EN&mode=req&dir=&occ=first&part=1&cid=9589342 https://curia.europa.eu/juris/document/document.jsf?text=&do... https://en.wikipedia.org/wiki/Apple%27s_EU_tax_dispute https://en.wikipedia.org/wiki/Apple%27s_EU_tax_dispute https://scholar.google.de/scholar?as_ylo=2019&q=oecd+transfer+pricing&hl=en&as_sdt=0,5 https://scholar.google.de/scholar?as_ylo=2019&q=oecd+transfe... It is not just Apple. For example, this permits SIEMENS AG to claim they are headquartered in the low-tax village of Zug, Switzerland for tax purposes, despite the company´s Web pages state the giant has its HQ in Neuperlach Sued, part of Munich, Germany. Governments lose billions in taxes every year from transfer pricing.