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Irish-registered subsidiary of Microsoft records $314bn profit Microsoft Round Island One paid $55bn dividend to parent last year, accounts show
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Accounts for the year ended June 30th, 2020, show that Microsoft Round Island One posted turnover of $13.6 billion, up from $9.8 billion a year earlier. This related to income from investments in other group companies. Photograph: Martin Bureau/AFP via Getty Images
An Irish-registered subsidiary of global technology giant Microsoft recorded a profit of $314 billion last year and paid a dividend to its parent company of $55 billion, according to its latest set of statutory accounts.
These huge sums were recorded by an entity called Microsoft Round Island One, a holding company that is registered in Ireland but tax domiciled in Bermuda.