{"id":393170,"date":"2026-04-11T11:45:11","date_gmt":"2026-04-11T11:45:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/393170\/"},"modified":"2026-04-11T11:45:11","modified_gmt":"2026-04-11T11:45:11","slug":"microsofts-irish-accounts-underline-the-importance-of-fdi-to-our-economy-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/393170\/","title":{"rendered":"Microsoft\u2019s Irish accounts underline the importance of FDI to our economy \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">A slew of accounts filed by <a href=\"https:\/\/www.irishtimes.com\/tags\/microsoft\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/microsoft\/\">Microsoft<\/a>\u2019s Irish units give a rare insight into the importance of <a href=\"https:\/\/www.irishtimes.com\/tags\/foreign-direct-investment\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/foreign-direct-investment\/\">foreign direct investment<\/a> (FDI) in Ireland. <\/p>\n<p class=\"c-paragraph paywall \">They also highlight the challenge for Ireland amid the threat of <a href=\"https:\/\/www.irishtimes.com\/tags\/artificial-intelligence\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/artificial-intelligence\/\">artificial intelligence<\/a> (AI) to employment trends. AI is set to impact up to 7 per cent of all jobs in the State in the short to medium term, according to a <a href=\"https:\/\/www.irishtimes.com\/business\/2026\/04\/09\/highly-educated-most-vulnerable-to-ai-job-losses-esri\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/04\/09\/highly-educated-most-vulnerable-to-ai-job-losses-esri\/\">central scenario outlined in research this week<\/a> from the <a href=\"https:\/\/www.irishtimes.com\/tags\/economic-and-social-research-institute\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/economic-and-social-research-institute\/\">Economic and Social Research Institute<\/a> the <a href=\"https:\/\/www.irishtimes.com\/tags\/department-of-finance\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/department-of-finance\" target=\"_blank\">Department of Finance<\/a>. Many of those job losses will be at the top-end of the economy, it said.<\/p>\n<p class=\"c-paragraph paywall \">Accounts for the year to the end of June 2025 for Microsoft Ireland Operations Ltd, its main trading business based here, shows that its staff headcount increased last year to 2,934. Those employees were paid on average $133,800 in wages and salaries. Add in social security costs, pension and share-based payments and the average rises to just shy of $178,000. <\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/2026\/04\/10\/microsofts-irish-subsidiaries-paid-close-to-50bn-in-dividends-to-parent-in-2025\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Microsoft\u2019s Irish subsidiaries paid close to $50bn in dividends to parent in 2025Opens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">That is not all money into the pockets of those Microsoft workers but it\u2019s money flowing through the Irish system. That Microsoft entity also paid corporation tax of $841.4 million to the State.<\/p>\n<p class=\"c-paragraph paywall \">At Microsoft Ireland Research (MIR), which licenses the tech giant\u2019s assets to other group entities, the 1,463 were even better paid, earning on average $144,200 in wages and salaries. Include the other payroll costs and the figure rises to an average of $200,400. <\/p>\n<p class=\"c-paragraph paywall \">MIR paid $5.4 billion in corporation tax during the year. <\/p>\n<p class=\"c-paragraph paywall \">At Microsoft Global Finance, which handles treasury management, there were just two employees who were even better remunerated on average than their colleagues at the sister companies. The pair received an average $163,000. Add in social welfare costs and pension payments and the figure rises to $192,500. Its corporation tax bill was just under $18 million. <\/p>\n<p class=\"c-paragraph paywall \">Clearly, these are valuable jobs, with those high earnings rippling out into the Irish economy. <\/p>\n<p class=\"c-paragraph paywall \">These earnings also generate substantial <a href=\"https:\/\/www.irishtimes.com\/tags\/income-tax\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/income-tax\/\">income taxes<\/a> for the exchequer. On Tuesday, the Department of Finance announced that revenue from income taxes rose by 6.1 per cent in the first quarter of this year to \u20ac8.7 billion. <\/p>\n<p class=\"c-paragraph paywall \">Who knows how AI will ultimately play out and what impact it will have on employment trends but we shouldn\u2019t take it for granted that FDI will continue to prop up the economy. <\/p>\n","protected":false},"excerpt":{"rendered":"A slew of accounts filed by Microsoft\u2019s Irish units give a rare insight into the importance of foreign&hellip;\n","protected":false},"author":2,"featured_media":393171,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[218,72,6572,1398,69562,113,29418,61,60,1071],"class_list":{"0":"post-393170","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-artificial-intelligence","9":"tag-business","10":"tag-cantillon","11":"tag-department-of-finance","12":"tag-economic-social-research-institute-esri","13":"tag-economy","14":"tag-foreign-direct-investment","15":"tag-ie","16":"tag-ireland","17":"tag-microsoft"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/393170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=393170"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/393170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/393171"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=393170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=393170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=393170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}