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You have likely heard about Apple being put on the spot in Ireland when the EU slapped the company with a $16B tax bill not so long ago. While Apple is appealing the EU ruling, it is now starting to repay all that cash. It will be held in escrow while the appeals process is going on. Now worries, it is just pocket change to Apple. Thanks cageymaru.
This is a very, very significant development now in terms of dealing with this issue,” Mr Donohoe told reporters in Dublin. “This is the largest recovery fund of its kind ever to be established and, due to the complexity of such, together with our duty to comply with EU procurement rules, it has taken some time to get to this point.”
This is a very, very significant development now in terms of dealing with this issue,” Mr Donohoe told reporters in Dublin. “This is the largest recovery fund of its kind ever to be established and, due to the complexity of such, together with our duty to comply with EU procurement rules, it has taken some time to get to this point.”