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Mark Morrison

Return Of The Mack

The Value Of The Apple Tax Fund Has Fallen Under €14 Billion.

Image: Apple logo

It lost €36 milion in 2020.

The value of the Apple tax fund has dropped below €14 billion.

The pot of money contains billions which the tech giant allegedly owes to the Irish state, although this is being disputed in European courts.

The Oireachtas Public Accounts Committee, of which Kildare North Social Democrat TD, Catherine Murphy is deputy chair, was told the fund value fell by €36 million last year.

Comptroller and Auditor General Seamus McCarthy says it is actually doing better than expected.

Paul O’Donoghue reports from the Public Accounts Committee

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