This is not just slightly not true. It is not a minor simplification. In countries where aid is significant it is *much larger* than estimates of revenue losses from corporate profit shifting.pic.twitter.com/h9G7vUvGii
Show this thread
A thread about "Developing countries lose more to corporate tax dodging than they get in aid". This is widely believed, and widely quoted, by serious organisations, MPs, media, academics etc..... but it just isn't true.
-
-
-
This doesn't mean that aid is really big by the way. Aid ranges up to $70 per person per year in these countries, while the corporate 'tax dodging' estimates are up to around $5 dollars. Per person. Per year.pic.twitter.com/TEVCXDJklw
Show this thread -
This doesn't mean corporate tax doesn't matter. Collecting corporate tax is one job of revenue authorities. Doing that job well matters. International tax rules and cooperation matter. But inflated expectations make for bad policy.
Show this thread -
I don't know how to say this better, or more clearly. Or why many people think it is unhelpful to do so. Yes it is disappointing. Yes it is not a great advocacy message. Yes it 'helps the other side' (if you see a battles between sides) But it matters to see clearly and be honest
Show this thread
End of conversation
New conversation -
-
-
do they get the result by adding places like Antigua to places like Uganda to get an aggregate for "developing countries" or something?
-
They define developing countries as non oecd countries, so its mainly big emerging economies - China, Mexico, Brazil, Russia, Indonesia etc
End of conversation
New conversation -
-
-
@scaldron you know way more about this stuff than I do. Thoughts?Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Link to the paper?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
"isn't true" a kind of euphemism? A complete picture should also show "the generation of income account" as in SNA Aid is also provided as loans.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
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.