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Story summary
- Microsoft paid $6.5 billion in Irish tax for the year ending June 2026, 30 percent of its $21.1 billion total tax.
- Irish tax rose 16 percent to $6.25 billion as the Irish unit posted $50.5 billion pretax profit, 38 percent of profits.
- FASB standards issued in late 2023 that cut the Irish tax rate by 2.6 percentage points, saving $4.3 billion.
- Microsoft, Apple and Eli Lilly together account for half of Ireland’s corporate-tax returns, a practice President Donald Trump has criticised.