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.
-
I think the question is not whether the writedown is legit (we surely must assume so), but whether it provides a tax reason for the apparent pattern of profit misalignment - even in this most unusual example that Maya has chosen?
Seriously. I 'chose' this year because that was the year there was. Write-downs, losses are ordinary things. If the formula interprets them as "illicit" then the formula may not be reliable to track illicit flows. I also looked at LUSH.https://twitter.com/MForstater/status/1012650616932454400 …
-
-
Hi Alex, I've got a clarification question. Here you say "π𝑖 is the share of all multinationals’ gross profits declared in jurisdiction i" I don't think you mean *share*? Isn't π𝑖 the gross profits of MNCs declared in that jurisdiction?pic.twitter.com/Vj7Ro52loJ
-
Thanks Maya. Not just because it's Friday night, but can I ask you to put comments/queries/criticism on the book either online in github, or in an email?
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.