PAC to review payments from Apple escrow account once worth €14.3bn

Report by Comptroller and Auditor General published earlier this year showed the value of the account had fallen again in 2021, by €351m, and was then worth just over €13.6bn

Escrow account set up in 2018 after European Commission ruled Apple owed the State €14.3bn in back taxes.

The Public Accounts Committee, or Pac, plans to review payments from the €14.3bn Apple escrow account since the fund was set up four years ago.

A report by the Comptroller and Auditor General published earlier this year showed the value of the account had fallen again in 2021, by €351m, and was then worth just over €13.6bn.