Irish government establishing a fund to manage $15.2 billion to be collected from Apple
<p>The Irish government is establishing a fund to manage the estimated 13 billion euros (about $15.2 billion) it will collect from Apple in back taxes, nearly a year after the European Commission ruled the country had provided a “sweetheart deal” on tax to the U.S. firm, according to <a target="_blank" href="https://www.bloomberg.com/news/articles/2017-07-22/ireland-seeks-custodian-for-apple-cash-as-collection-nears" rel="noopener noreferrer"><em>Bloomberg</em></a>.</p>