Now that the EU’s ruling on Apple’s back taxes in Ireland is final, the country’s government says the $14 billion could be “transformational.”
Apple’s European headquarters, located in Cork, Ireland.
Apple’s European headquarters, located in Cork, Ireland.
For a decade, Ireland has sided with Apple against the European Union and worked with it to protest that no laws or regulations were broken. Now that the EU has finally said tough, Apple has to pay up, Ireland is thinking well, what’s done is done, and is rubbing its hands.
Ireland has good reason to be happy with this result, even if it disagreed with it. For alongside the $14 billion from Apple, the country already had a budget surplus of around $9.2 billion.