Ireland reveals how it plans to spend its $14 billion Apple windfall

The Irish government has outlined plans to spend 13 billion euros in Apple back taxes after years of fighting against it. Finance Minister Jack Chambers emphasized the need to use the windfall for long-term infrastructure projects, rather than day-to-day expenses. The European Court of Justice ruled against Apple, requiring them to pay back taxes to Ireland, a decision welcomed by tax justice advocates. With an unexpected budget surplus, Ireland plans to prioritize investments in housing, energy, water, and transport infrastructure. The Dublin Chamber supports the government’s commitment to investing in essential infrastructure projects with the funds.