Headline : Apple’s Irish arm paid €6.5bn in corporate income tax last year

Read more from the original article on here at www.independent.ie.

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Apple’s main Irish arm paid corporation tax totalling $7.871bn (€6.57bn) last year, well over three times more than the tech giant paid as recently as 2020.

Apple’s main Irish-registered entity reported pre-tax profits of $71bn in 2023 in financial accounts filed with the Companies Registration Office here this week.

Although the company’s filings do not break down where tax was paid, it includes, but is not limited to, corporation tax paid in Ireland where Apple is understood to be among the biggest, if not the biggest, single payer of corporation tax.

The accounts are for the California-headquartered technology giant’s Irish-registered Apple Operations International Limited, which acts as a parent company for dozens of subsidiaries outside the US.

Read more from the original article on here at www.independent.ie.

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