Bank of New York Mellon will handle Apple’s escrow account in tax collection brouhaha
<p>Ireland has chosen the Bank of New York Mellon to administer an escrow fund of up to 15 billion euros (about $18.6 billion) in disputed taxes that the European Commission (EU) ordered the government to collect from Apple, reports <a target="_blank" href="https://www.reuters.com/article/us-eu-apple-taxavoidance/ireland-chooses-bny-mellon-to-manage-apple-escrow-fund-idUSKCN1GJ190?feedType=RSS&feedName=technologyNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtechnologyNews+%28Reuters+Technology+News%29" rel="noopener noreferrer"><em>Reuters</em></a>.</p>