Apple’s tax billions cannot be spent all at once, Paschal Donohoe has said. Following a rulin...
Following a ruling by the European Court of Justice, the tech giant is obliged to pay the State a sum of around €14 billion.
“We just don’t have the workers who would be capable of turning that money into additional activity without causing inflation.”Minister Donohoe said “no decisions have been made” about what it will eventually be spent on but hinted it could be spent on infrastructure. “When we benefited from structural and cohesion funding a number of years ago, large amounts of money that became available to us were spent over a number of years.
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