Apple Paid $17 Billion in Taxes to Ireland Last Year
Apple paid $17 billion in taxes to Ireland last year, which is 40% of its $43 billion worldwide total (via the Financial Times). The figures were disclosed for the first time under new EU rules requiring large companies to break down their finances by country. The payment was significantly boosted by the EU's top court ordering Apple in 2024 to pay €13 billion in back taxes, after ruling that Ireland had granted the company unlawful state aid resulting in a tax rate of less than 1%.This
Apple Paid $17 Billion in Taxes to Ireland Last Year
Apple paid $17 billion in taxes to Ireland last year, which is 40% of its $43 billion worldwide total (via the Financial Times). The figures were disclosed for the first time under new EU rules requiring large companies to break down their finances by country.
The payment was significantly boosted by the EU's top court ordering Apple in 2024 to pay €13 billion in back taxes, after ruling that Ireland had granted the company unlawful state aid resulting in a tax rate of less than 1%.
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