corporate tax

Apple paid Ireland $17B in taxes last year, new EU filings show

Apple paid Ireland approximately $17 billion in corporate income taxes in its fiscal year ending September 2025, a sum that accounted for roughly 40% of the company's $43 billion worldwide corporate tax bill, according to new country-by-country filings first reported…

Study sees $500B tax boost as UN convention talks resume Monday

Countries around the world could collect $500 billion more in corporate tax each year from multinational corporations without raising tax rates, according to a new study released ahead of a pivotal round of United Nations tax convention negotiations set to…

OECD says global minimum tax raised up to $124B but missed its own forecasts

The global minimum tax on multinational corporations generated between $90 billion and $124 billion in additional government revenue during its first year of implementation in 2024, without triggering job losses or discouraging investment, the Organisation for Economic Co-operation and Development…

Microsoft defends routing 40% of profits through Ireland after EU disclosure

Microsoft is pushing back against scrutiny of its corporate tax practices after a New York Times investigation highlighted how the tech giant channels a vast share of its global profits through low-tax European jurisdictions, paying a fraction of the rates…

Microsoft’s first EU tax report shows $47B in Ireland profits

Microsoft on Tuesday published its first public country-by-country tax report, revealing the extent to which the tech giant's profits are concentrated in Ireland, a disclosure driven by new European Union transparency rules that took effect this year.

EU proposes eliminating cross-border withholding taxes to save businesses billions

The European Commission on Wednesday unveiled a sweeping corporate tax reform package projected to save businesses nearly €8 billion annually in compliance costs, marking the bloc's most ambitious effort yet to cut red tape and boost competitiveness.