There's something brewing. There are tons of hidden tax risks that are deliberately covered up. You know how "tax avoidance" is illegal but "tax planning" isn't? Well, Dell is stretching the credulity of the latter.
In addition, with the global tax minimum of 15%, Dell is coming up with opaque and questionable "reorganizations" at its subsidiary levels in the guise of "tax planning" that veers very dangerously closely to tax avoidance.
Yes, even though the Trump administration repealed the global minimum tax rate for the US, this minimum rate still applies to the rest of the world.