Irish Money Funnel, produced by Spin Casino Ireland, takes a look at some of the world's biggest companies and shows how Ireland's low corporation tax rate could be the secret behind their success.
Below is a comparison of some of the biggest companies in tech, food and drink based on the percentage of total revenue which is raised in the UK and Ireland. Ireland is often used as a base by multinational companies due to its low corporation tax rate of 12.5%. Comparatively, the UK has a tax rate for companies of 19% and the US even higher at 21%.
Revenue registered in Ireland as a % of total revenue
Apple Operations International, which is registered to the company's Holyhill Campus in Cork, covers most of Apple's non-US subsidiaries.
Irish Money Funnel
Irish Money Funnel takes a look at some of the biggest and most well-known multinational companies and assesses how much of their revenue is registered in the UK and Ireland. This includes some of the biggest names in tech, social media and catering such as Amazon, Facebook and McDonald's.
The Republic of Ireland is a relatively small country with a population of just 4.83 million, compared to over 66 million citizens in the UK. Spin Casino has crunched the numbers and compared the percentage of total company revenue logged in Ireland to those in the UK and the rest of the globe.
Data is gathered from a range of sources, including The Independent, The Register, The Irish Times and annual financial reports.