Ireland's Noonan: The EU's Apple Tax Decision Is Wrong

The transcript discusses Apple's tax situation in Ireland, focusing on the European Commission's decision to challenge Apple's tax arrangements. The Irish government plans to appeal, arguing that tax matters fall under the jurisdiction of sovereign governments. The discussion highlights the OECD's stance that taxes should follow economic activity, questioning the responsibility of Irish authorities to collect taxes on profits generated elsewhere. The transcript also covers changes in Apple's tax structure and the international implications of their tax arrangements.

What implications does the speaker suggest could arise if the European Commission succeeds in its tax-related objectives?

In what ways does the speaker argue that Apple's profits should be taxed?