Article 39TCX Ireland forced to collect €13bn in tax from Apple that it doesn't want

Ireland forced to collect €13bn in tax from Apple that it doesn't want

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Agence France-Presse
from on (#39TCX)

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 a13bn ($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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