Ireland's Challenge: Allocating Apple’s €13 Billion Windfall

Reported 29 days ago

Ireland faces the task of deciding how to spend nearly €13.8 billion that Apple was ordered to pay in taxes, following a ruling by the EU’s top court. Despite initial government resistance, the money, now sitting in escrow, represents 14% of government spending this year and comes as housing crises and election pressures mount. Ongoing discussions will focus on various proposals, including housing funds, while the government maintains its position on tax fairness.

Source: YAHOO

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