I think some different figures must have been jumbled together - I don’t think there are any estimates for the UK tax yield from the OTs introducing beneficial ownership disclosure rules.
-
This Tweet is unavailable.
-
This Tweet is unavailable.
-
Thx for the tip off. He can do his own work then!!!!
Its a serious question though. There are a lot of inflated expectations on this topic https://www.cgdev.org/publication/can-stopping-tax-dodging-multinational-enterprises-close-gap-development-finance …. The idea that beneficial ownership registers in the OTs will bring in 10bn a year to the UK is a new one. Do you think its true (where is it from?) or was it a mistake?
-
-
My guess is possibly from here? http://www.taxresearch.org.uk/Documents/TaxHavenCostTRLLP.pdf … (although this isn't an estimate of the revenue impact of BO registers in the OTs, and is not taken seriously as an estimate of UK offshore revenue losses)
-
Possibly. But I don't recall seeing it cited or mentioned in the debate, unlike work from Christian Aid. So still an open point?
- 4 more replies
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.