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Apple and Ireland tax saga finally ends with $15 billion escrow withdrawal

mardi 15 juillet 2025, 20:09 , par AppleInsider
Apple and Ireland tax saga finally ends with $15 billion escrow withdrawal
Ireland has claimed over $15 billion from an Apple escrow account, finally putting the nails in the coffin of a nearly decade-long tax dispute with the European Union.Apple is transferring over $15 billion to IrelandIreland's Department of Finance confirmed in May 2025 that it will move the entire escrow fund into the state's treasury. Apple originally deposited the money in 2018 after a European Commission ruling, but Ireland couldn't use the funds while appeals continued.The final balance is slightly below the initial 14.3 billion euro ($15.5 billion). However, investment gains over the past year have offset earlier losses, according to The Irish Times. Continue Reading on AppleInsider | Discuss on our Forums
https://appleinsider.com/articles/25/07/15/apple-and-ireland-tax-saga-finally-ends-with-15-billion-e...

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