CLEAN : Apple's back tax payment could be good for London: ETX Capital

CLEAN : Apple's back tax payment could be good for London: ETX Capital

Assessment

Interactive Video

Business, Social Studies, Other

11th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the European Court's scrutiny of multinational companies in Europe, focusing on tax breaks for companies like Starbucks and Google. It highlights the potential economic impact of increased taxation on US companies, including business outflows and employment issues. Post-Brexit, companies may relocate from Ireland and Luxembourg to the UK due to favorable tax conditions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies are being scrutinized by the European Court for tax breaks?

African companies based in Europe

European companies based in the US

American companies based in Luxembourg

Asian companies based in Europe

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential consequence of US multinational companies paying more taxes in Europe?

Rise in European GDP

Outflow of business and economic reduction

Increase in European employment rates

Decrease in European exports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact on employment figures due to increased taxation?

Increase in job opportunities

Stability in employment rates

Decrease in employment figures

No impact on employment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might Brexit influence the relocation of companies?

Companies might relocate to Asia for growth opportunities

Companies might move to the UK for tax incentives

Companies might stay in Ireland for stability

Companies might move to the US for better trade deals

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could be a reason for companies to move out of Luxembourg post-Brexit?

Higher wages in Luxembourg

Stricter regulations in the UK

Potential tax breaks offered by the UK

Better weather conditions in the UK