Value of Apple's escrow fund fell by €351m last year

In August 2016, the European Commission ordered Ireland to recover from Apple the alleged State aid plus interest related to a 10-year period from 2003 up to 2014. 

The value of the account holding the EU-ordered back taxes paid to Ireland by Apple fell by around €351m in 2021.

The fall is explained in the Comptroller and Auditor General (C&AG) report as being largely down to a withdrawal Apple made to pay tax in another country.