American Taxpayers Pay Apple to Shelter Overseas Profits

American Taxpayers Pay Apple to Shelter Overseas Profits

Assessment

Interactive Video

Business

University

Hard

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The video discusses Apple's strategy of routing profits overseas to avoid high US taxes, focusing on how the company uses Ireland as a base for its intellectual property and profits. Despite claims of keeping money offshore, Apple invests heavily in US Treasurys, benefiting from US tax loopholes. The story has sparked mixed reactions, highlighting the legal yet controversial nature of Apple's tax practices. The video also touches on potential changes in tax policy proposed by Donald Trump to encourage repatriation of profits.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the contrasting opinions regarding Apple's tax practices as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Donald Trump's campaign promise relate to the taxation of money held overseas?

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