Apple Paid $17 Billion in Taxes to Ireland Last Year
Apple said its Irish operation accounted for 39% of its global tax payments under new European Union reporting rules.
- Under new European Union transparency rules, Apple disclosed paying $17.1 billion in taxes in Ireland last year, providing rare visibility into the tech giant's local finances.
- The payment represents nearly 40% of Apple's global tax bill, largely driven by the release of escrowed funds following a 2016 European Commission ruling on state aid.
- Apple's local operations recorded $213.6 billion in revenues and $34.6 billion in pretax profits, while supporting 5,575 staff in Ireland.
- Ireland, which fought the tax bill for eight years to protect its status as a corporate hub, now faces concerns regarding its highly concentrated tax base.
- While Apple maintains it complied with international law, the company has not disclosed how future Irish tax payments will compare once these one-off back payments are excluded.
11 Articles
11 Articles
Apple paid Ireland $17.1bn in tax last year
Apple paid Ireland $17.1bn in tax last financial year. That is around 40% of everything it paid in corporate income tax anywhere in the world. The figure comes from a company filing that breaks Apple’s tax down country by country, Reuters reported from Dublin. Apple paid $43.2bn in income taxes worldwide in the year to […] This story continues at The Next Web
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WTVBApple paid 40% of its global taxes to Ireland in last fiscal year
DUBLIN, Aug 21 : Apple paid Ireland $17.1 billion in taxes last year, representing around 40 per cent of its worldwide total, according to a company filing that detailed the iPhone maker's global tax liabilities country-by-country.Apple said the amount paid to Ireland was "significantly higher" than income ta
American technology company Apple paid $17 billion (approximately 350 billion crowns) in taxes in Ireland last year. This represented 40 percent of the total amount the company paid in income tax worldwide. This is according to the company's financial statements, which were reported by the British newspaper Financial Times (FT) on Friday. The payment was significantly increased by a decision of the European Court of Justice in 2024, according to…
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