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#percent#said#microsoft#generated#pretax#tax#ireland#global#europe#nothing

Discussion (1 Comments)Read Original on HackerNews

giuliomagnificoβ€’about 4 hours ago
Nothing new but now it’s certified/exposed:

> Microsoft said it had generated almost 40 percent of its pretax income in tax-friendly Ireland, where it employed about 3 percent of its global work force. In higher-tax Germany, the largest economy in Europe, Microsoft earned barely half of 1 percent of its global profits, it said. Excluding Ireland, the company said, it generated less than 2 percent of its worldwide pretax earnings in Europe.