Adobe’s Irish operation has sent $8.4bn to US in past two years
The company in Ireland continues to funnel multibillion dollar dividends to its parent in California
Adobe, the software giant, has funnelled another multibillion-dollar dividend to its US parent from its Irish operation.
In 2018, Adobe Software Trading Company Limited, one of the group’s Irish subsidiaries, paid a dividend of $5.2 billion to Adobe Inc, which is based in California.
New accounts for its Irish operation show the company paid another a dividend of $1.7 billion in 2019.
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