When Apple and the Irish government appealed to the Supreme Court of Europe’s decision on the EU Competition Commissioner Margrethe Vestager, Apple and the Irish government reached an agreement to agree to the tax Refunds are first deposited with a third party.
Irish Finance Minister Paschal Donohoe said: 'Today is a very, very important day for solving this problem.' Donohuo told reporters that he will sign a legal agreement with Apple. Agreed to set up a third-party account to keep this tax refund. He said that this refund will be paid by the end of September this year.
Pascal said: 'This is the highest amount of money involved in such tax refunds. Due to the complexity of the incident, we must also comply with EU regulations, so it will take a while to resolve them.'
After Apple announced its decision in August 2016 that it had not paid the tax refund, the European Commission sued the Irish government in court last October, forcing it to request a tax refund from Apple. Donohue said that he had Margaret, Commissioner of the EU Competition Commission, spoke with Apple about the agreement reached.