Ireland Says $14.5 Billion Windfall from Apple Judgment Isn’t Necessarily a Blessing - News Summed Up

Ireland Says $14.5 Billion Windfall from Apple Judgment Isn’t Necessarily a Blessing


After a long period of austerity, a windfall of $14.5 billion in tax revenues might seem pretty attractive to a government that will likely have to fight another election soon. But far from welcoming the European Commission’s ruling on Apple, the Irish government will seek to overturn it. The reason: the threat it poses to the central pillar of Ireland’s economic model, which is to attract investment from U.S. companies looking to...


Source: Wall Street Journal August 30, 2016 14:26 UTC



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