Microsoft Round Island One is "resident" in Bermuda for tax purposes and posted a profit equal to three-quarters of Ireland's entire gross domestic profit (GDP) in 2020.
Full Ownership structure chart;
Pre-Approval Controlled Functions for board members and senior
staff, including whether these individuals have previously been
approved by the CBI (Board and Senior Management);
Number of FTE employees, whether any are shared with other
group entities; and
Staff Organisational Chart with reporting lines.
7
Regulatory capital, own Funds Requirements, and Operational
funding levels;
Turnover (total income/revenue generated) for first 3
years;
Profitability; and
Sources of Regulatory and Share Capital/Funding.
The KFD must clearly and precisely address each point. The CBI
will review the completed KFD and revert to the applicant firm in
writing with any comments. If the KFD does not contain, or is
Updated / Thursday, 6 May 2021
10:30
AOI is registered at the company s Holyhill campus in Cork and covers most of Apple s non-US subsidiaries
Pre-tax profits at an Irish-based Apple business last year decreased by 19% to $33.8 billion (€28 billion), new figures show today.
Apple Operations International Ltd s (AOI) daily pre-tax profits of $92.6m (€76.9m) for the 12 months to September 26 are revealed in new accounts filed with the Companies Office.
The drop in pre-tax profit came in spite of revenues increasing by 5% from $140.99 billion to $148.16 billion for the 12 month period.
A chief factor in the drop in pre-tax profit was the company s Research & Development spend more than doubling from $7.59 billion to $15.48 billion.
Apple s Cork-based subsidiary records daily profits of €80m in 2020
The company last year paid dividends of $81.5bn to its parent company in the US
Numbers employed at AOI and subsidiaries last year totalled 51,255. Some 6,000 of those employees are based in Cork. Picture Dan Linehan
Thu, 06 May, 2021 - 10:12
Gordon Deegan
Pre-tax profits at an Irish-based Apple business last year decreased by 19pc cent to $33.8bn (€28bn).
Apple Operations International Ltd (AOI) s daily pre-tax profits of $92.6m (€76.9m) for the 12 months to the end of September 26th last are revealed in new accounts filed with the Companies Office.
The drop in pre-tax profit came in spite of revenues increasing by 5pc from $140.99bn to $148.16bn for the 12 month period.