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What will be the primary economic impact of the €14 billion from Apple on Ireland's budget by Q2 2025?
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Resolution / Starting Odds
Increase in public spending • 25%
Debt reduction • 25%
Tax cuts • 25%
Other • 25%
Official budget reports from the Irish government or verified economic reports
Story
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.
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