Profits at Apple’s subsidiary in Ireland rise to $69bn

Main non-US division pays $7.7bn in corporation tax but $20.7bn in dividends to California parentApple’s main Irish subsidiary paid €7.7bn (£6.8bn ) in corporation tax last year, but paid out nearly triple that amount in dividends to its California parent company, after reporting more than $69bn (£56bn) in profits.The latest financial filings for the subsidiary, which is facing legal challenges over its tax arrangements in Ireland, show the Irish division made the equivale