Option #2: A Case Study on Apple: Should U.S. and Global Regulators Take a Bigger Tax Bite Out of Technology Companies? Read the attached case study Download case study and then

Option #2: A Case Study on Apple: Should U.S. and Global Regulators Take a Bigger Tax Bite Out of Technology Companies?

Read the attached case study Download case study and then answer the following requirements:

  1. In your opinion, to what extent should the design and creation of intellectual property in the U.S. influence and trigger U.S. taxation? What are the possible consequences for Apple if these events would be the criteria for taxation?
  2. Why does General Motors Company not use the same ‘‘Double Irish with a Dutch Sandwich’’ technique of tax minimization as Apple?
  3. Research the concept of the ‘‘Tax Repatriation Holiday’’ that Apple and other technology companies support. What is the recent history of this proposal? Do you support the implementation of a tax holiday to help bring foreign earnings back to the U.S.? Why or why not?
  4. Several organizations, including the Organization for Economic Co-operation and Development (OECD), the Group of Twenty (G20) Finance Ministers and Central Bank Governors, the European Union (EU), and the Global Forum on Transparency and Exchange of Information for Tax Purposes, concern themselves with tax avoidance.
    • What specific activities related to addressing multinational corporate tax minimization are each of these organizations involved in? Prepare a brief report of your findings.
    • What is the current status of each organization’s progress in achieving its goals?
    • Based upon your research, what is your opinion of the potential for success of global regulatory efforts in curbing multinational corporate tax avoidance?

Requirements:

  • Write a paper of 2-3 pages, double-spaced in length, not counting the title and the reference pages, which you must include. Submissions in excess of 3 pages are acceptable.
  • Copy and paste each question into your paper in bold type (Questions are to be single-spaced) to ensure you have answered each of the Assignment Requirements.
  • Use terms, evidence, and concepts from class readings, including professional business language.
  • Cite at least 3 credible, academic or professional sources supporting your answers for this assignment.
  • Format your paper according to APA guidelines

Review the week’s CT Assignment grading rubric for more information on expectations and how your Assignment will be graded by your instructor.

Reference:

Holttzblatt, M. A., Geekie, J., Tschakert, N. (2016). Should U.S. and global regulators take a bigger tax bite out of technology companies? A case on apple’s international tax minimization and reporting strategies. Issues in Accounting Education, 31(1), 133-148.