My reporting last week that Apple was the cause of billion-euro increases in Ireland’s monthly corporate tax revenue in March both this year and last year raised a series of questions: Why this surge in the tech giant’s tax liability here? How much of Ireland’s tax take does it represent? How can the country handle the risk associated with one company being responsible for such national policy-defining swings in the resources available to the Exchequer? Then at the end of last week, its main Irish subsidiary, Apple Operations International, filed accounts for 2022. We now have some answers. As previously…
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