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Ireland will recover € 13 billion from Apple in just a few month

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Published on Jan 18, 2018

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The proceedings initiated by Ireland to collect the € 13 billion that Apple must pay after the condemnation of the european Commission could take more time than expected.

The first irish minister Leo Varadkar said that the first payment from Apple could arrive only in the second quarter of the year, in delay than what is required by the european Commission. The “blame” is not Apple, but Ireland has not yet developed the system to be able to receive this large sum of money.

At a meeting In Strasbourg, the prime minister is also opposed to the allegations according to which the tax system in ireland is hurting the economy of neighbouring countries. With regard to the recovery of 13 billion euros, a spokesman of the ministry of finance of the irish is to know that the government is still selecting the people responsible for that will have the task of guarding and managing this sum. For this reason, the first payment to Apple will only take place in the second quarter of 2018 in a special guarantee fund.

Link to the original article: Ireland will recover € 13 billion from Apple in just a few month

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