OrbitaxApple Makes First Payment for Ireland State Aid; EU Court Holds U.S. May Not Intervene in Pending Appeal
|Approved Changes|Ireland-European Union-United States
On 18 May 2018, Ireland's Department of Finance announced that Apple has made its first payment for the recovery of illegal State aid, which the European Commission determined was provided to Apple by Ireland. The first payment amounts to approximately EUR 1.5 billion, with the total amount of recoverable State aid of approximately EUR 13 billion to be paid by the end of Q3 2018. Although coll…
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