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Sign up to The Irish Times Archive (1859 - 2008)My Account »

Fri 05 May 2008Irish unit makes 10% of Microsoft's profits

MICROSOFT'S MAIN operating company in Ireland, Microsoft Ireland Operations Limited, accounted for over 10 per cent of Microsoft's overall $20.1 billion pretax profit reported for its 2007 financial year.

Microsoft Ireland Operations Limited (MIOL) paid its parent €1.485 billion, which using the exchange rates in operation at the end of June last, when Microsoft closed its financial year, is just over 10 per cent of Microsoft Corporation's pretax profit.

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