Oracle arm pays €15m in Irish tax on €8bn sales

The main Irish subsidiary of US software and hardware giant Oracle last year paid corporation tax of €39m on international revenues of €8.14bn.

Of the overall tax bill, the subsidiary paid €15m to the Irish Revenue.

New figures lodged by Oracle EMEA Ltd to the Companies Office show that the firm recorded a pre-tax profit of €109m, down 14% on the €127.45m recorded in 2014.