Apple's $17.1B tax contribution
Apple has revealed details of its profits and taxes in the European Union, reporting a payment of $17.1 billion in taxes in Ireland for the fiscal year 2025, representing approximately 40% of its total taxes paid worldwide. This came after settling a long-standing tax dispute with the European Commission, which accused Ireland of granting illegal tax advantages to the company. The data shows that Apple's profits in Ireland totaled $34.6 billion, with revenues of $213.6 billion, and about 5,575 employees working there. These disclosures were made in accordance with the new EU regulations that require multinational companies to report their profits, revenues, and tax payments in each country, aiming to improve transparency and assess tax compliance relative to the level of activity in each market.
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