{"id":9581,"date":"2023-04-09T17:38:07","date_gmt":"2023-04-09T15:38:07","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/04\/09\/profits-at-apples-subsidiary-in-ireland-rise-to-69bn\/"},"modified":"2023-04-09T17:38:07","modified_gmt":"2023-04-09T15:38:07","slug":"profits-at-apples-subsidiary-in-ireland-rise-to-69bn","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/04\/09\/profits-at-apples-subsidiary-in-ireland-rise-to-69bn\/","title":{"rendered":"Profits at Apple\u2019s subsidiary in Ireland rise to $69bn"},"content":{"rendered":"<p>Main non-US division pays $7.7bn in corporation tax but $20.7bn in dividends to California parent<\/p>\n<p>Apple\u2019s main Irish subsidiary paid \u20ac7.7bn (\u00a36.8bn ) in corporation tax last year, but paid out nearly triple that amount in dividends to its California parent company, after reporting more than $69bn (\u00a356bn) in profits.<\/p>\n<p>The latest financial filings for the subsidiary, which is <a href=\"https:\/\/www.theguardian.com\/technology\/2020\/sep\/25\/european-commission-appeal-against-apple-tax-ruling-ireland#:~:text=The%20European%20commission%20is%20appealing,stop%20sweetheart%20deals%20for%20multinationals.\">facing legal challenges<\/a> over its tax arrangements in Ireland, show the Irish division made the equivalent of nearly $190m a day over the year to September.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/apr\/09\/profits-apple-irish-division-rise-to-69bn-corporation-tax\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/e5a825486002919c474aca7f06c5364f98717f39\/0_115_3500_2100\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=44c8c717be05d5c268abc6161a3ac569\" title=\"Profits at Apple\u2019s subsidiary in Ireland rise to $69bn\" \/>Main non-US division pays $7.7bn in corporation tax but $20.7bn in dividends to California parent<br \/>\nApple\u2019s main Irish subsidiary paid \u20ac7.7bn (\u00a36.8bn ) in corporation tax last year, but paid out nearly triple that amount in dividends to its California parent company, after reporting more than $69bn (\u00a356bn) in profits.<br \/>\nThe 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. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Main non-US division pays $7.7bn in corporation tax but $20.7bn in dividends to California parent Apple\u2019s main Irish subsidiary paid \u20ac7.7bn (\u00a36.8bn ) in corporation tax last year, but paid out nearly triple that amount in dividends to its California parent company, after reporting more than $69bn (\u00a356bn) in profits. The latest financial filings for &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/04\/09\/profits-at-apples-subsidiary-in-ireland-rise-to-69bn\/\"> <span class=\"screen-reader-text\">Profits at Apple\u2019s subsidiary in Ireland rise to $69bn<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":9582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9581"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=9581"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/9582"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=9581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=9581"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=9581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}