Tiny Microsoft Subsidiary Most Profitable Company In Ireland
from the funny-how-that-works dept
theodp writes "A week after the head of a US tax-research group accused Microsoft of pretending it makes all of its money in Ireland in order to pay minimal tax comes news that Round Island One, the Microsoft company that licenses software for Europe, the Middle East and Africa, is by far the most profitable company in Ireland. Joining Microsoft in its Irish tax haven is a who's-who of American high-tech that includes subsidiaries of Intel, Google, Yahoo!, Oracle, Apple, Symantec and Amazon, a trend that has not gone unnoticed by the IRS." We recently discussed both Microsoft's and Google's use of Irish subsidiaries.