Ireland's Noonan: Apple Tax Appeal May Take Four Years

The transcript covers various topics including political instability in Europe due to rising populism and upcoming elections. It discusses Ireland's legal appeal against the European Commission's decision on Apple's tax payments. The conversation shifts to financial engineering and tax avoidance, highlighting the need for international solutions. The role of the G20 in driving tax reform is emphasized, with Ireland's active participation. Finally, the transcript touches on US-European financial relations, exploring potential retaliations and separate decisions by different authorities.

What is the main concern regarding the rise of populism in Europe?

• Technological advancement

• Economic growth

• Political instability

• Cultural diversity

Which countries are mentioned as having upcoming elections that could impact European stability?

• Italy and Portugal

• Poland and Hungary

• Germany and France

• Sweden and Norway

What is Ireland's stance on the European Commission's decision in the Apple case?

• They believe the decision is based on weak legal principles

• They agree with the decision

• They have no opinion

• They have already accepted the decision

What is the primary reason for financial engineering according to the transcript?

• To support local economies

• To promote international trade

• To find mismatches between tax laws in different jurisdictions

• To increase company profits

What has Ireland done in response to criticisms of its tax policies?

• Ignored the criticisms

• Increased tariffs

• Strengthened its tax laws

• Reduced corporate taxes

Which organization is leading the international tax reform agenda?

• World Bank

• United Nations

• OECD

• NATO

What is the suggested course of action for the US to align its tax laws with international standards?

• Work with the OECD

• Increase corporate taxes

• Focus on domestic policies

• Ignore international recommendations