AI4U is a artificial Intelligence company headquartered in the U.S., with a subsidiary located in Ireland. Assume the U.S. has a 20% corporate tax rate and Ireland has a 10% corporate tax rate.

AI4U has licensed all of its artificial intelligence technology to the subsidiary in Ireland.

This past year, AI4U made $10 million dollars in pre-tax profits in the U.S., and out of those profits also paid $4 million in licensing fees to its Irish subsidiary. How much LESS total corporate tax (total meaning combined in both countries) did AI4U pay because it set up the tax haven subsidiary in Ireland?

In other words, what was the difference in tax paid with and without the subsidiary located in a tax haven? Make your calculations as if all money and taxes are in U.S. dollars; round to the nearest dollar