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

Other

10th Grade - University

Hard

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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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is the taxation rate of £50 on every million pounds in revenue considered obscene?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do tax breaks play in the decisions of multinational companies regarding their locations?

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