Connect with us

Technology

Apple’s messy Ireland situation has ended with a €14 billion payout

Published

6 years ago

on

Apple stumped up a lot of euros on Tuesday.
Apple stumped up a lot of euros on Tuesday.

Image: Artur Widak/NurPhoto via Getty Images

2017%2f09%2f12%2fd7%2fsambwBy Sam Haysom2018-09-19 09:18:59 UTC

Apple’s tax relationship with Ireland has been making headlines for years now. 

Ever since the establishment of the so-called “sweetheart deal“, which allowed Apple to pay tax that sometimes fell as low as 0.05 percent in the country, the arrangement has been raising questions.

These questions led to the EU Commission concluding, back in 2016, that “Ireland gave illegal tax benefits to Apple worth up to €13 billion”.

Well, flash forward to September 18, 2018, and the company has paid up.

That tweet above is from the European Commissioner for Competition. The tweet below, meanwhile, was posted by Ireland’s Minister for Finance.

Mashable has reached out to Apple for comment.

In the meantime, here’s a rough approximation of what that money looks like in Apple products.

Https%3a%2f%2fblueprint api production.s3.amazonaws.com%2fuploads%2fvideo uploaders%2fdistribution thumb%2fimage%2f86652%2fd77983a6 a32a 42a0 b26e 62d45ad9e8a7

!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;
n.push=n;n.loaded=!0;n.version=’2.0′;n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,
document,’script’,’https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1453039084979896’);
if (window.mashKit) {
mashKit.gdpr.trackerFactory(function() {
fbq(‘track’, “PageView”);
}).render();
}

Related Topics:
Continue Reading
Advertisement Find your dream job

Trending