Apple Tax Ruling: A Win-Win for Ireland?

The transcript discusses Commerce Bank's perspective on potential financial gains for Ireland, comparing it to an offshore oil field. It highlights the influence of ECB policies and Draghi on the European bond market. The discussion also covers the impact of corporate tax arrangements and Brexit on Ireland, noting potential risks and benefits. Finally, it addresses the possibility of future tax investigations by the EU Commission.

What is the potential financial benefit for Ireland if they receive the 13 billion euro windfall from Apple?

• It would cover the entire Irish national debt.

• It would be about 10% of the Irish national debt.

• It would have no impact on the Irish national debt.

• It would double the Irish national debt.

How has the European Central Bank influenced the European bond market?

• By banning international investments.

• By reducing the value of the euro.

• By stabilizing yields across Europe.

• By increasing interest rates significantly.

What is one potential downside the Irish government is concerned about regarding the Apple windfall?

• It might scare off investors.

• It might decrease employment rates.

• It could lead to increased inflation.

• It could result in higher taxes.

How might Brexit affect the UK's corporate tax arrangements?

• The UK will have to follow EU tax regulations.

• The UK will lose all multinational companies.

• The UK will have to increase corporate taxes.

• The UK can set its own corporate tax rates without EU interference.

What is the European Commission currently investigating in relation to Irish tax arrangements?

• The tax arrangements Ireland has with other companies.

• The legality of Ireland's national debt.

• The role of the European Central Bank in Ireland.

• The impact of Brexit on Ireland's economy.