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Maybe be taxes. I assume Adobe is pumping Australian revenue to its Ireland unit while the US revenue goes through the main company. Maximize revenue overseas
by adrr 14y ago
Maybe be taxes. I assume Adobe is pumping Australian revenue to its Ireland unit while the US revenue goes through the main company. Maximize revenue overseas since the profit is taxed at a lower rate effective rate. Just a guess.
"The revenues generated by Adobe’s Irish unit represent 55 per cent of Adobe’s worldwide revenues of $4.2 billion in the year to the end of December 2nd 2011"
http://www.irishtimes.com/newspaper/finance/2012/1012/1224325187166.html http://www.irishtimes.com/newspaper/finance/2012/1012/122432...
- lukeholder 14y agoYeah i'm in Australia and subscribe to adobe creative cloud. My credit card is being charged by Ireland adobe.