Its always nice to get a name-check in Ranil's Friday round-up https://blogs.csae.ox.ac.uk/2018/07/links-round-up-103/ … (and for those who don't you should subscribe!) https://www.cgdev.org/blog/proposed-sdg-indicator-illicit-financial-flows-risks-conflating-ordinary-business-dirty-money … He picks up something which I've been thinking about but haven't written on yet....
i.e. the ratio doesn't pick up whether the mobile activities/intangibles are correctly priced and legally compliant, just that they are concentrated there. So then you end up back at the #taxmantra discussionpic.twitter.com/Bme0S3e2wt
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And it may not actually tell you the full story if there is another element this ratio does not pick up, such as the operation of CFC rules that may claw back tax on the offshored profits... And would it tell you about impact of any withholding tax on payments of say royalties?
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