Apple has now fully paid $16.5B to Ireland in back taxes, closing the matter
34d ago
Technology
9to5Mac

Apple has completed its €14.25 billion ($16.5 billion) back tax payment to Ireland, resolving a nine-year dispute involving the EU. The case stemmed from allegations that Apple received illegal state aid through its tax arrangements in Ireland. The initial assessment was €13 billion ($15 billion), but the final amount increased due to interest accrued while held in an escrow account. This payment concludes the legal proceedings, marking the end of a long-standing and closely watched international tax battle.