EU Apple Tax Ruling and the Future of European Business

The transcript discusses the economic implications of a European Commission ruling on Ireland and its impact on US-EU relations. It highlights the concerns of US companies, like Fitbit, about investment in Europe. The discussion also covers the potential GDP impact, political pressures on the Irish government, and Tim Cook's response to the ruling. The transcript concludes with a debate on whether Ireland is a tax haven, emphasizing that the case is not about Ireland's corporate tax rate but a specific deal with a company.

What concerns do executives in the US have regarding the rulings mentioned?

In what ways does the text suggest that Ireland's corporate tax rate is not the main issue?