How Apple, Ireland Both Stand to Lose in Tax Fight

How Apple, Ireland Both Stand to Lose in Tax Fight

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses an investigation into a deal between Apple and Ireland, highlighting potential fines ranging from 100 million to 20 billion euros. The impact on Ireland's economy and reputation is considered, with political ramifications and public opinion also explored. The Irish government is determined to fight the case in European courts.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial finding of the Commission regarding Ireland and Apple?

There was no evidence of any deal.

There was evidence of a sweetheart deal.

Apple was found guilty of tax evasion.

Ireland was found guilty of tax evasion.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential range of the fine that Apple might face?

Between 1 million and 5 million

Between 100 million and 20 billion

Between 50 billion and 100 billion

Between 500 million and 1 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is Ireland under political pressure regarding the fine?

To increase the corporate tax rate

To invest in technology companies

To use the money for public services

To reduce the corporate tax rate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is at stake for Ireland if they don't support Apple?

Their relationship with the United States

Their relationship with the European Union

Their reputation for a low corporate tax rate

Their reputation for a high corporate tax rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Irish government's stance on the case?

They are undecided about their next steps.

They are determined to fight the case in European courts.

They are willing to settle out of court.

They have decided to accept the fine.