How corporations use Ireland to dodge taxes

Tax Strategies - American companies utilize Irish subsidiaries to hold intellectual property [1] - Big Comp International, based in Ireland, benefits from lower tax rates [2] - The Irish subsidiary purchases licenses from its US parent company at competitive prices [2] - Millions of dollars in product revenue are taxed at a lower rate due to the Irish subsidiary's profit [2] - The US government facilitates tax avoidance strategies to some extent [3] Company Structure - Big Comp's assets are controlled by a US-based holding company, Big Comp Holding Company [1] - Big Comp International is a subsidiary of Big Comp Holding Company [1] Business Model - Big Comp is developing a new smart device [2]