Apple tax windfall won't impact Budget, Jack Chambers says as 13bn transfer will take 'months'
Briefly

"The €13bn Apple tax money was set aside after the European Commission had concluded in 2016, following an investigation, that Apple had enjoyed 'selective' advantages over other Irish-based companies for decades - in other words, a sweetheart tax deal."
"Minister Chambers said the Government will then decide what to do with the funds but said the money is a 'once-off'."
"It'll be a number of months away, so the NTMA have to carry out an assessment with Revenue and it has to be finalised to what the amount will be," said Minister Chambers.
"Public Expenditure Minister Paschal Donohoe insisted Ireland is not a tax haven. 'I remain confident that we have always used tax policy in a way that is fair.'"
Read at Irish Independent
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