The announcement comes after some tension with Brussels, which referred Ireland to the European Court of Justice in October of this year for failing to collect the back taxes.
It has taken just over a year, but Apple and Ireland have finally reached an agreement to start collecting the money and placing it into an escrow account.
In August 2016, Vestager said the tax deal struck between Apple and Ireland for the period 2003 to 2014 was illegal state aid.
Apple will begin paying back $15.46 billion, or approximately 13 billion euros, in an agreement reached with Ireland's government to conclude an EU ruling against the world's most-valuable company.
Ireland built its economic success on being a low tax entryway for multinationals seeking access to the EU, and is concerned that collecting the back taxes could dent its attractiveness to firms.
The Irish government must now put the sums in a blocked bank account while waiting for the result of Apple's and its own appeal to the European Commission. "We remain confident the General Court of the EU will overturn the Commission's decision once it has reviewed all the evidence".