07.15.2025
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
Apple is transferring over $15 billion to Ireland
Ireland'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.
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