Apple's tax woes in Ireland are officially over
Apple's €14.3 billion Irish tax break fine is officially one for the history books now, as the Irish government has announced that it's withdrawn all the money from the escrow account Apple set up back in 2018. That's when it deposited the aforementioned sum after being fined by the European Commission (EC) for receiving unfair tax breaks from Ireland. The amount is judged to be what Apple would have paid in taxes in Ireland had it not received a "sweetheart deal" in the form of "illegal state aid" from the Irish government in exchange for setting up its European HQ in the...
Apple's €14.3 billion Irish tax break fine is officially one for the history books now, as the Irish government has announced that it's withdrawn all the money from the escrow account Apple set up back in 2018. That's when it deposited the aforementioned sum after being fined by the European Commission (EC) for receiving unfair tax breaks from Ireland. The amount is judged to be what Apple would have paid in taxes in Ireland had it not received a "sweetheart deal" in the form of "illegal state aid" from the Irish government in exchange for setting up its European HQ in the...
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