Written answers

Thursday, 2 December 2021

Department of Finance

Apple Escrow Account

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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31. To ask the Minister for Finance the amount incurred by the State in respect of charges and fees regarding the account of a company (details supplied) to date since the account was established. [59694/21]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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As the Deputy will know, in April 2018, the Minister for Finance and Apple Sales International Limited and Apple Operations Europe Limited entered into an escrow framework deed giving legal effect to arrangements for the recovery of the alleged State aid to Apple. The deed provides that each party pays its own fees and expenses incurred in respect of the drafting of the deed. Therefore it is not possible for the State to recoup costs incurred by it in the establishment of the escrow fund.

Of the total, costs of approximately €8.7 million (including VAT) which  have been incurred to end 2020 in the Apple case, approximately €4 million relates to the recovery process i.e. in relation to the escrow account .

This €4m includes all legal costs, consultancy fees and any other associated costs incurred by all State parties involved in the process.These fees have been paid by the Department of Finance, the Revenue Commissioners, the NTMA, the Central Bank of Ireland, the Attorney General's Office, and the Chief State Solicitor's Office.


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