CLEAN : Ireland backs global 15% corporation tax rate: finance minister

CLEAN : Ireland backs global 15% corporation tax rate: finance minister

Assessment

Interactive Video

10th Grade - University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the government's tax and non-tax offerings, focusing on the Eurogroup's Pillar award allocation method. It highlights the agreement made by the government, emphasizing its importance for business certainty and investor confidence. The video also addresses the strategic interests and the estimated cost of up to €2 billion to the exchequer, as predicted by the Department of Finance and the Revenue Commissioner.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the government's decision regarding the Eurogroup?

To reduce employment

To ensure long-term certainty for businesses

To decrease foreign investments

To increase tax rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the focus over recent weeks according to the transcript?

Securing changes for stability

Increasing tax revenue

Reducing government spending

Enhancing public services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated cost to the exchequer from the agreement?

€3 billion

€1 billion

€500 million

€2 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difficulty mentioned in predicting the cost of the agreement?

Fluctuating currency rates

Lack of data

Uncertainty in economic conditions

Complexity of the agreement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who estimated the cost of the agreement?

The Prime Minister

The Department of Finance and the Revenue Commissioner

The European Union

The Central Bank