Explained: Why Apple has to pay Ireland $14.4 billion?
By
Isha Sharma
Ireland just landed a challenge most countries would envy: how to spend an almost €13.8 billion ($15.2 billion) windfall that Apple Inc. was ordered to pay in taxes by the European Union’s top court. That’s equivalent of 14% of government spending this year, or some €2,700 for every man, woman and child.