{"id":529699,"date":"2026-07-02T16:54:16","date_gmt":"2026-07-02T16:54:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/529699\/"},"modified":"2026-07-02T16:54:16","modified_gmt":"2026-07-02T16:54:16","slug":"microsofts-irish-tax-bill-disclosed-and-details-of-trumps-income-from-doonbeg-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/529699\/","title":{"rendered":"Microsoft\u2019s Irish tax bill disclosed and details of Trump\u2019s income from Doonbeg \u2013 The Irish Times"},"content":{"rendered":"

Microsoft\u2019s Irish operations<\/a> paid tax of $5.6 billion (\u20ac4.9 billion) last year, almost a fifth of total global taxes it paid in the year, according to a filing by the company under new European Union disclosure rules. Killian Woods reports.<\/p>\n

Sticking with the technology sector, social media company TikTok<\/a> is looking to cut as many as 300 jobs from its Irish workforce as part of a restructuring at the Irish headquarters. The cuts will bring redundancies at the group\u2019s Irish operations to more than 1,000 since the start of 2024, writes Ciara O\u2019Brien.<\/p>\n

Meanwhile, IDA Ireland says the pace of multinational investment into Ireland<\/a> accelerated in the first six months of 2026 despite the ongoing global uncertainty. Eoin Burke-Kennedy was on hand at the presentation of the figures.<\/p>\n

Doonbeg golf resort<\/a> delivered income of close to $20 million (\u20ac17.6 million) last year for US president Donald Trump, according to a financial disclosure for the first year of his presidency that he is required to submit by US law and which was released by the US office of government ethics.<\/p>\n

Getting back to more domestic affairs, contentious plans for a \u20ac16.7 million 22-unit residential scheme on the grounds of the former Dalkey Lodge Nursing Home<\/a> have secured a green light from D\u00fan Laoghaire Rathdown County Council, writes Gordon Deegan.<\/p>\n

And a new scrappage scheme<\/a> designed to boost demand for electric vehicles was closed just hours after it opened for applications as interest in the scheme overwhelmed the budget available. Peter Flanagan reports.<\/p>\n

DCC\u2019s largest shareholder, Fidelity International, has come out against an improved takeover proposal<\/a> by two US private equity groups, saying the \u00a35.7 billion (\u20ac6.63 billion) pitch \u2013 equating to \u00a366.72 a share, or 15 per cent more than the initial offer tabled in April – \u201cstill undervalues the company\u201d. Joe Brennan reports.<\/p>\n

The company behind the plan to build a \u20ac250 million winter sports arena and concert venue<\/a> in Dublin has secured the endorsement of D\u00fan Laoghaire Rathdown County Council Dublin Chamber of Commerce and Tourism Ireland, writes Eoin Burke-Kennedy. <\/p>\n

A former Supermac\u2019s franchisee<\/a> must pay over \u20ac96,000 in damages to the fast food chain over a breach of their franchise agreement, the High Court has ruled. Judge David Keane noted that \u201cperhaps surprisingly\u201d there was no written agreement underpinning the franchise arrangement between the two sides.<\/p>\n

At a cost of \u20ac681 million in a full year, is the VAT reduction to 9 per cent for the hospitality sector a good way to spend taxpayer\u2019s money? Adrian Cummins, of the Restaurant Association of Ireland and Trinity economist Barra Roantree debate the issue on our Inside Business podcast<\/a>.<\/p>\n

Asked about sharenting<\/a> \u2013 sharing content relating to your children online \u2013 one in three parents in Ireland and France said they do so daily or several times a week. If that\u2019s you, embarrassing your children might be the least risky feature in doing so, writes Ciara O\u2019Brien.<\/p>\n

In our Ask the Lawyer column<\/a>, a woman who has inherited a home from her mother wants to know whether she needs to go to a solicitor to have it transferred into her name.<\/p>\n

Finally, the real reason<\/a> many bosses want everyone back in the office five days a week? Their ego. That\u2019s the outcome of a six-year study by organisational psychologist Adam Grant at the Wharton School in the University of Pennsylvania, and PhD candidates Marissa Shandell and Courtney Elliott. Margaret Ward has the details. <\/p>\n

If you\u2019d like to read more about the issues that affect your finances try signing up to On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"Microsoft\u2019s Irish operations paid tax of $5.6 billion (\u20ac4.9 billion) last year, almost a fifth of total global…\n","protected":false},"author":2,"featured_media":529700,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,8319,61,60],"class_list":["post-529699","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-business-today","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/529699","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=529699"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/529699\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/529700"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=529699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=529699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=529699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}