The Cupertino boys have just made the deposit into a blocked guarantee account, the first of the payments they have to make to Ireland for the fine of 13.000 million euros. This fine, which is imposed by the tax reductions and advantages obtained by Apple during all these years, is still on trial but today the first 1.500 million euros have been transferred.
The Irish Finance Minister himself, Paschal Donohoe, has been commissioned to pronounce on this Cupertino company first payment for the settlement of the sanction. In any case, there is a lot of fabric to cut in this important financial sanction and Apple continues to appeal the judges' ruling.
Fine imposed in 2016
This millionaire fine was imposed by the European Commission last August 2016 And it takes a long time with the judicial tug of war until the time came when they had to dispose of the money in a blocked account and it has been. It seems that Ireland's efforts on behalf of Apple are not working and the first part of this huge sanction has already been entered.
Ireland sides with Apple on this issue and does not hide it at all, but it does not seem that anything can stop at this point. Amundi, BlackRock Investment Management and Goldman Sachs Asset Management They will be in charge of managing this escrow account until the end of the payment. From Apple and from Ireland it has always been said that the company of the bitten apple acted under the law from the first moment, but the process for now will have to run its course.