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Apple and Ireland's Tax Dispute Concludes with Release of $15 Billion Escrow Funds
3 week ago /
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Author：小编
Ireland has successfully retrieved over $15 billion from Apple's escrow account, marking the culmination of a nearly decade-long tax dispute with the European Union. The Irish Department of Finance has confirmed that these funds will be fully transferred to the national treasury by May 2025. The money was originally deposited by Apple in compliance with a 2018 European Commission ruling and remained untouched while Ireland pursued its appeal. Now, with the legal dispute resolved, the escrow funds have been unfrozen and will be transferred to the national treasury.
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