Apple Takes on EU’s Vestager in Record $14 Billion Tax Fight

Apple Takes on EU’s Vestager in Record $14 Billion Tax Fight

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses Apple's legal battle with the European Commission over a $14 billion tax bill. The case involves allegations of special tax treatment by the Irish Government, which both Apple and Ireland contest. The outcome could have significant implications for American tech companies operating in Europe, potentially leading to stricter regulations and higher taxes. The case highlights the tension between EU tax policies and national interests, particularly for countries like Ireland that rely heavily on foreign tech investments.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main issue at the center of Apple's legal battle with the European Commission?

A patent infringement case

Apple's acquisition of a European company

A $14 billion tax bill

A merger with another tech giant

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Irish Government respond to the European Commission's decision regarding Apple's taxes?

They increased taxes on all tech companies

They ignored the decision

They appealed the decision

They accepted the decision and collected the taxes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Apple's stance on the European Commission's ruling?

They agreed with the ruling

They claimed it was politically motivated

They decided to leave the European market

They offered to pay the taxes immediately

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could be a potential outcome if the European Commission's arguments are validated?

The case will be dismissed

The Commission will take tougher actions

American companies will face less scrutiny

The Commission will lose its authority

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is Ireland under pressure regarding its corporate tax structure?

Due to its lack of digital infrastructure

Because it has the highest taxes in Europe

Due to its high unemployment rate

Because of its dependency on American tech investments