A bite of the apple

APPLE’S principal subsidiary in Ireland, Apple Operations International Ltd, paid €7.7 billion in corporation tax last year.

At the same time, the company paid out $20.7 billion (€19 billion) in dividends to its California parent company, after reporting more than €63.5 billion in profits, a 2 per cent increase on 2021.

This meant the Cork­based company and its subsidiaries delivered a daily pre ­ tax €173.6 million over the 12 months to September 24 last year. Annual revenues rose by $11.7 billion (€10.72 billion) to $223 billion (€207.92 billion).

It remains unclear which governments received the Irish company’s taxes, which