Ireland to Receive €14 Billion from Apple After EU Court Ruling, Says Tánaiste Micheál Martin

Sep 10, 2024, 03:27 PM

Ireland is set to receive €13 billion from Apple following a European Commission ruling. This windfall, amounting to €2,565 per citizen or 15% of the country's annual budget, comes despite Ireland's initial reluctance. Tánaiste Micheál Martin stated that the €14 billion in tax due cannot be used for day-to-day spending, and the government will carefully consider how to allocate the funds.