On Air Now

The Breakfast Show

6:00am - 9:00am

  • 045 901 490
  • 0833-979797

Now Playing

John Cougar

Hurts So Good

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

.

More from Local News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Wed

    Low-level cloud

    12°C

  • Thu

    Sunny intervals

    11°C

  • Fri

    Heavy Rain

    10°C

  • Sat

    Heavy rain shower

    11°C