Boston Scientific paid €18m in Irish corporation tax in 2019

Profit at the Galway-registered firm was hugely boosted because of an exceptional gain of €31bn in the sale of its intellectual property assets to other Boston Scientific companies. File picture: Laura Hutton/RollingNews.ie

The Irish business of Boston Scientific, which includes a number of overseas subsidiaries, paid out a dividend of $37.4bn (€31.5bn) to other group companies last year and paid Irish corporate taxes of $21.5m (€18m).

The leading US medical device manufacturer is one of the largest private companies in Ireland and employs about 5,000 people at sites in Galway, Cork, and Clonmel, Co Tipperary.