Apple Operations International Limited

The 10 blockbuster companies behind Ireland’s corporate tax windfall

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The 10 blockbuster companies behind Ireland’s corporate tax windfall

Despite repeated warnings about the potential once-off nature of corporation tax receipts and the concentration risk of having so few firms paying the bulk of the money, Ireland continues to hit the business tax jackpot.Revenue from the tax swelled to a record €23.8 billion last year, almost six times the amount garnered in 2014. It … Read more

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

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

Apple’s Irish-registered entity, Apple Operations International Limited, reported pre-tax profits of bn in 2023. The entity paid .871bn in tax, contributing to the total corporation tax collected by the Irish government. The company’s dividend paid jumped to bn in 2023. Apple appears to have exhausted deferred tax assets that helped lower its overall tax bills in recent years. The company no longer has any remaining intra group deferred tax assets.