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Drawing down Apple tax billions will take months – Ireland’s finance minister

It will take Ireland months to draw down billions of euro in back taxes from Apple following a ruling by Europe’s top court, its finance minister said.The Irish government said it “will respect” an order to recover more than 13 billion euro in back taxes from Apple, following a decision of Europe’s top court.Finance Minister Jack Chambers said it will be months before over 13 billion euro, which is in an escrow fund, will be drawn down and used.
It will take Ireland months to draw down billions of euro in back taxes from Apple following a ruling by Europe’s top court, its finance minister said.The Irish government said it “will respect” an order to recover more than 13 billion euro in back taxes from Apple, following a decision of Europe’s top court.Finance Minister Jack Chambers said it will be months before over 13 billion euro, which is in an escrow fund, will be drawn down and used.
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Credit:
Press Association
Editorial #:
2171198355
Collection:
PA Media
Date created:
September 10, 2024
Upload date:
License type:
Rights-ready
Release info:
Not released.More information
Clip length:
00:04:23:23
Location:
United Kingdom
Mastered to:
MPEG-4 8-bit H.264 HD 1920x1080 25p
Source:
PA Media
Object name:
tvt_pa-172459