4 ms·

There's nothing regarding Google in the article, but it is specifically mentioned that Apple's back taxes are already in escrow.

• throw310822 2y ago
  Since 2018. Can't help thinking that if with that money they had bought Apple shares, it would be now 3 times more.
  • martimarkov 2y ago
    It would kinda be funny if they did as they probably not want Apple to get fined as now they’d be shareholders
    • zelphirkalt 2y ago
      Would also be funny, if they were allowed to increase the penalty, based on how much they could have done with that money during that time. Opportunity cost.
      • r00fus 2y ago
        The back taxes accrue interest - IIRC like €1.2B
  • raverbashing 2y ago
    Even at their market cap, I don't think this would be trivial to operationalize
  • tivert 2y ago
    > Since 2018. Can't help thinking that if with that money they had bought Apple shares, it would be now 3 times more. If only they could have known the stock price six years into the future, they'd have made a killing in the stock market!
  • gopkarthik 2y ago
    What's ironic is that the escrow account is now lesser because they used that money to buy eurozone government bonds which have since fallen. From https://www.ft.com/content/d6b7d0fd-a41b-45a9-a830-9cacb10c5151 https://www.ft.com/content/d6b7d0fd-a41b-45a9-a830-9cacb10c5... > The total in the account has fallen from the original €14.3bn set aside in 2018, as the money was invested in eurozone government bonds, which have dropped in value.