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MForstater's profile
Maya Forstater
Maya Forstater
Maya Forstater
@MForstater

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Maya Forstater

@MForstater

Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk

https://medium.com/@MForstater
hiyamaya.net
Joined September 2008

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    1. Maya Forstater‏ @MForstater 28 Jun 2018
      • Report Tweet
      Replying to @alexcobham @DanNeidle and

      Here 500bn an estimate of misalignment is equated to avoidance.pic.twitter.com/Ni4JJSZd6S

      1 reply 0 retweets 1 like
    2. Alex Cobham‏ @alexcobham 28 Jun 2018
      • Report Tweet
      Replying to @MForstater @DanNeidle and

      No, the IMF methodology is about BEPS rather than misalignment. (Our BEA study is misalignment.)

      2 replies 0 retweets 1 like
    3. Dan Neidle‏ @DanNeidle 28 Jun 2018
      • Report Tweet
      Replying to @alexcobham @MForstater and

      To repeat: “Lawfully achieved misalignment”= intentional tax avoidance. In reality misalignment = “natural misalignment” + evasion + avoidance. Where does your piece acknowledge that the first category exists?

      1 reply 0 retweets 2 likes
    4. Maya Forstater‏ @MForstater 28 Jun 2018
      • Report Tweet
      Replying to @DanNeidle @alexcobham and

      To be fair, in the Vienna paper it is spelled out. But caveats are quickly discarded. As Alex notes he does not make it clear in his recent briefing. What is the chance that anyone else will make the distinction if the indicator is made the official UN marker for "illicitness"?

      1 reply 0 retweets 1 like
    5. Dan Neidle‏ @DanNeidle 29 Jun 2018
      • Report Tweet
      Replying to @MForstater @alexcobham and

      Presumably Alex is not proposing that the UN have a marker for "illicitness" which is simply a calculation of the difference between the status quo and a unitary tax system?

      1 reply 0 retweets 0 likes
    6. Maya Forstater‏ @MForstater 29 Jun 2018
      • Report Tweet
      Replying to @DanNeidle @alexcobham and

      That's the proposal. (with 'real economic activity' as the simple average of share of employee headcount & final sales in each jurisdiction) https://www.unodc.org/documents/data-and-analysis/statistics/IFF/Background_paper_B_Measurement_of_Illicit_Financial_Flows_UNCTAD_web.pdf …pic.twitter.com/U1MvQNph1X

      3 replies 0 retweets 4 likes
    7. iain campbell‏ @iaincampbell07 29 Jun 2018
      • Report Tweet
      Replying to @MForstater @DanNeidle and

      The final sentence then admits the indicator will be at inaccurate. So how big is that and why try to use this artificial benchmark? Is it not like using the policy gap to redefine and remeasure the tax gap.

      1 reply 0 retweets 1 like
    8. Maya Forstater‏ @MForstater 29 Jun 2018
      • Report Tweet
      Replying to @iaincampbell07 @DanNeidle and

      OK so I tried the indicator calculation out on Pearson (since they publish CBCR)pic.twitter.com/BHT6A0yYzI

      1 reply 0 retweets 1 like
    9. Maya Forstater‏ @MForstater 29 Jun 2018
      • Report Tweet
      Replying to @MForstater @iaincampbell07 and

      Here is the result. A billion of IFF/profit shifting out of the US (in order to increase its loss there?!?) into mainly UK & China https://docs.google.com/spreadsheets/d/1J6a_fYcthaaD5MKtfyV971-foP1aVI3TcmDAy1KalNk/edit?usp=sharing … Not sure this makes any sense ( or sits with illicit arms sales, stolen assets & organised crime?)pic.twitter.com/iD1OsKHvxo

      3 replies 1 retweet 1 like
    10. Dan Neidle‏ @DanNeidle 29 Jun 2018
      • Report Tweet
      Replying to @MForstater @iaincampbell07 and

      I have no knowledge of Pearson’s tax affairs but that cannot be right.

      2 replies 0 retweets 1 like
      Maya Forstater‏ @MForstater 29 Jun 2018
      • Report Tweet
      Replying to @DanNeidle @iaincampbell07 and

      (* note -- its close but not quite what the proposed indicator would measure - indicator uses outward sales while Pearson report revenues including intracompany transactions ....but its close enough to get an idea of what the indicator captures in practice here)

      3:04 AM - 29 Jun 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        1. Alex Cobham‏ @alexcobham 29 Jun 2018
          • Report Tweet
          Replying to @MForstater @DanNeidle and

          Large if we take 'group adjustments' as indicative - towards 1/4 of all revenue. But it's the fact the group made such a heavy loss that's driving the pattern of results and makes them unrepresentative.

          2 replies 0 retweets 0 likes
        2. Dan Neidle‏ @DanNeidle 29 Jun 2018
          • Report Tweet
          Replying to @alexcobham @MForstater and

          Just as well your indicator would exclude such anomalies then - or does it?

          2 replies 0 retweets 0 likes
        3. 2 more replies

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