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> If the EU wins the case, the money flows back to Ireland, in essence rewarding the country who was out of line to begin with. Not entirely - any monies retur
by objclxt 10y ago
> If the EU wins the case, the money flows back to Ireland, in essence rewarding the country who was out of line to begin with.
Not entirely - any monies returned can legally only be used to pay back Ireland's national debt. The UK, Germany, and France are the biggest holders of Ireland's debt, so effectively the money is going back to them, albeit with Ireland benefiting by reducing its debt marginally.
- BenElgar 10y agoI don't believe that's true. It's merely a recommendation. Source: http://www.irishtimes.com/business/economy/european-commission-says-ireland-not-obligated-to-use-apple-tax-cash-for-national-debt-1.2774229 http://www.irishtimes.com/business/economy/european-commissi...