Dáil Éireann Debate, Wednesday - 18 September 2024
186. Deputy Róisín Shortall asked the Minister for Finance the expected timeline for recovery of unpaid taxes from a company (details supplied) for the period 2003 to 2014, following the European Court of Justice ruling on the State aid case; and if he will make a statement on the matter. [36657/24]
Amharc ar fhreagraI assume the Deputy is referring to payments arsing from the recent Court of Justice of the European Union (CJEU) judgment which confirmed the application of the 2016 European Commission's State aid Decision.
As the Deputy will be aware, following the Commission's decision Ireland was required to recover the alleged State aid from Apple. The total amount to be recovered was calculated by Revenue on the basis of the Commission Decision. Circa €14.1 billion was placed into an Escrow Fund in 2018. The money in the Escrow Fund will transfer to Ireland in line with the processes set out in the agreement governing the operations of the Escrow Fund, which is a confidential legal document.
My officials are now engaging with the relevant parties in relation to the transfer. The processes are likely to take a number of months to complete.
