Investigation into historic shipwrecks discovered off the Dublin coast continues

It’s Wednesday

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Hey there,

👀 Let’s see what’s on the news today:

• Investigation into historic shipwrecks discovered off the Dublin coast continues.

• Jack Chambers: It Will Take Months to Access Apple Tax Billions.

Investigations are underway into 19th-century shipwrecks discovered off Dublin’s coast, first spotted by photographer Nigel Motyer on Portmarnock Strand. The National Monuments Service (NMS) identified one wreck as a fishing trawler, previously recorded, and uncovered three new, unidentified wrecks from the same period.

Senior NMS archaeologist Karl Brady explained that shifting sands exposed the wrecks, which are now being analyzed. Despite poor preservation, parts of the vessels, including hulls, timber frames, and metal components, have been identified. Over 50 wrecks have been recorded in the area, many lost during storms while ships sought refuge in Howth Harbour.

Minister Darragh O’Brien praised the discovery, calling it an exciting addition to Ireland’s maritime heritage.

It will take Ireland several months to access billions of euros in back taxes from Apple, following a ruling by Europe’s top court, according to Finance Minister Jack Chambers.

The Government has stated it will "respect" the court's order to recover more than €13 billion in back taxes from Apple.

Minister Chambers indicated that it would take months before the €13 billion, currently held in an escrow account, could be drawn down and utilized.

He also noted that while Ireland is expected to receive the majority of the funds, the total amount could be subject to "adjustments" by other countries, though he did not specify which or how many might be involved.

When asked how the funds should be used, Chambers declined to comment, stating it would be a matter for discussion among government ministers and parties.

He defended Ireland’s decision to spend €10 million in legal fees contesting the case, emphasizing the need to protect Ireland’s tax sovereignty.

See you tomorrow.

Thanks

Johir