Ireland's Noonan: The EU's Apple Tax Decision Is Wrong

The transcript discusses Apple's tax situation in Ireland, focusing on the European Commission's decision to challenge Apple's tax arrangements. The Irish government plans to appeal, arguing that tax matters fall under the jurisdiction of sovereign governments. The discussion highlights the OECD's stance that taxes should follow economic activity, questioning the responsibility of Irish authorities to collect taxes on profits generated elsewhere. The transcript also covers changes in Apple's tax structure and the international implications of their tax arrangements.

Why is the Irish government planning to appeal the European Commission's decision?

• They want to support the European Commission.

• They believe the decision was made illegally.

• They believe tax matters should be handled by sovereign governments.

• They want to increase taxes on Apple.

According to the OECD, where should taxes be collected?

• Where the company was founded.

• Where the products are sold.

• Where the economic activity occurs.

• Where the company is headquartered.

What is the European Commission's expectation regarding Ireland's role in collecting taxes on Apple's profits?

• Ireland should collect taxes on all Apple's global profits.

• Ireland should only collect taxes on profits generated within Ireland.

• Ireland should collect taxes on profits from products designed in California.

• Ireland should not collect any taxes from Apple.

What does the European Commission acknowledge about Apple's tax liabilities?

• All liabilities are solely in Ireland.

• Some liabilities may be due to other European countries.

• Apple has no tax liabilities.

• All liabilities are in the United States.

What does the European Commission suggest Apple should do regarding profits for research and development?

• Stop all research and development activities.

• Pay taxes only in the United States.

• Make an arrangement with the US authorities.

• Transfer all profits to Ireland.