Full coverage: Multinationals

Despite scant details in the technology giant’s disclosures about its business in Ireland, we can deduce a lot from the latest figures released by its Irish subsidiaries and the Exchequer to understand what is happening with its soaring tax bills.

The Californian technology giant is the only corporation capable of causing the swell in six-monthly tax figures observed since late 2021. The dates and figures match.

The Government is moving towards a new top-up tax to fill the gap between the 12.5% standard corporation tax rate and the internationally-agreed 15% for multinationals, in a format designed to suit US groups operating here.

There is another multinational sector in Ireland, the one we tend to forget about. It is far less glitzy than the tech sector, but far more permanent, requiring as it does huge investments in plant, machinery, and specialised labour to make its products real.

The technology giant’s fastest-growing Irish subsidiary paid hundreds of R&D staff €50 million in Amazon shares last year. How much will they get this year?

The online recruitment multinational will inform affected workers this evening of the latest job cuts, following a similar announcement by Meta last week.

Vertiv, the US electrical technology group, acquired E&I Engineering for $1.8 billion in 2021. More than half of this value was for intangible assets, which the group can now amortise against taxable profits.

What does the current tech slump mean for jobs and corporation tax in Ireland? To try and get some answers, Ian Kehoe spoke with Stephen Kinsella and Thomas Hubert.

The latest layoffs at Salesforce show the correction in the tech industry is not over, raising questions about Ireland's corporation tax boom. Another tax stream, however, gives an indication of the profits yet to be declared here – and that's before we even look at big pharma.

The semiconductor multinational is reaping maximum rewards from the loophole still allowing Irish companies to be tax-resident in Malta. Its tax bills are small, but its capital returns are not.