Apple and other multinational companies can expect to start paying a lot more taxes in the coming years, University of Southern California law professor Edward Kleinbard said Monday.
The only question is how much of that tax revenue the United States will get and how much Europe will get, he told CNBC.
"The easy days of single-digit tax rates are going to be over," Kleinbard said in an interview with CNBC's "Closing Bell."
Apple and other multinational firms have been accused of dodging U.S. corporate taxes by going abroad. Apple has relocated much of its earnings to Ireland, allowing the company to pay a much lower corporate tax rate in some years — as low as 2 percent, compared to 35 percent in the U.S.