Revenues at one of the Irish operations of tech giant PayPal were up to more than Euro 102 million in 2012. However, the company also recorded ''administrative expenses'' of Euro 95 million and paid out Euro 594,000 in Irish corporation tax.
According to accounts just filed for one of the company's Irish subsidiaries, PayPal Europe Services Limited, the company recorded a pre-tax profit of Euro 7.8 million, up from Euro 4.9 million the previous year.
The directors' report states that the...
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