Escrow you, Apple! Ireland expects Cupertino to cough up to €13bn

Escrow you, Apple! Ireland expects Cupertino to cough up to €13bn

7 years ago
Anonymous $1bh8zaeyQS

https://www.theregister.co.uk/2017/12/04/ireland_expects_apple_to_pay_up_13bn_in_back_taxes/

Apple has agreed to start paying the Irish government up to €13bn (£11.4bn) next year.

A spokeswoman from Ireland's Department of Finance confirmed an agreement had been reached with Apple in relation to the framework of the principles that will govern the escrow arrangement, whereby it will deposit money with a third person.