Apple Ordered to Pay $14.5 Billion in EU Tax Ruling

The video discusses the EU's investigation into Apple's tax practices in Ireland from 2003 to 2014, highlighting Apple's effective tax rate reduction and the use of an Irish unit to channel profits. The EU Commission claims this unit exists only on paper, allowing Apple to minimize taxes. The potential €13 billion repayment poses challenges for both Apple and Ireland, affecting Ireland's tax policy and its appeal to multinationals. The focus is on a special deal, not the standard corporate tax rate.

What was Apple's effective tax rate in Ireland in 2003?

How did Apple structure its businesses in Europe to reduce its tax impact?

What is the significance of the €13 billion that Ireland could potentially receive?

What concerns does Ireland have regarding its ability to attract multinational companies?

What is the difference between the standard corporate tax rate and the special deal Apple received?