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flag Apple reports record profits of $81 billion and pays $22.78 billion in corporate taxes.

flag Apple’s Irish subsidiary reported record profits of $81 billion and paid $22.78 billion in corporate taxes, a 157% increase from the previous year. flag This rise is largely due to a major European Court of Justice ruling regarding illegal state aid, alongside $1.4 billion in charges from global tax reforms. flag The company also spent $19.47 billion on research and development and employed over 56,000 people globally.

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