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4 Dec 8:23pm

Ireland reaches deal with Apple to collect €13bn in back taxes

The Guardian
Announcement comes after the European Commission in 2016 ruled that tax benefits received by the tech company were illegal under EU rules The Irish government has reached an agreement with Apple to start collecting the €13bn ($15bn) owed by the tech giant. “We have now reached agreement with Apple in relation to the principles and operation of the escrow fund,” finance minister Paschal Donohoe said in Brussels in quotes confirmed by Ireland’s finance ministry.
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