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The Guardian - UK
The Guardian - UK
Technology
Kalyeena Makortoff

Profits at Apple’s subsidiary in Ireland rise to $69bn

Man walks past large building
Apple Operations International in Cork employs about 56,600 people, of whom 6,000 are based in Ireland. Photograph: Paul Faith/AFP/Getty

Apple’s main Irish subsidiary paid €7.7bn (£6.8bn ) in corporation tax last year, but paid out nearly triple that amount in dividends to its California parent company, after reporting more than $69bn (£56bn) in profits.

The latest financial filings for the subsidiary, which is facing legal challenges over its tax arrangements in Ireland, show the Irish division made the equivalent of nearly $190m a day over the year to September.

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