Payment Schedule Finally Agreed For Apple S Irish Back Tax Bill Starting In March
It’s now 17 months since EU regulators ordered Ireland to recover €13B ($15B) from Apple in underpaid taxes, and a payment schedule has finally been agreed on. Payments will begin in March, and continue through to September, meaning that the bill will finally be settled in full some two years after the ruling. That won’t, however, be the end of the matter … Both Apple and the Irish government have appealed the ruling, so it was agreed that the money would be paid into an escrow account until the appeals are heard....