And of course you and others had warned that the "illicit" confusion would lead to policy confusion. Sorry to see that seems to be happening.
Yes. There is a case for strengthening the work of the UN Tax Committee, but confusing illicit flows with tax evasion with base erosion and profit shifting is not it!https://twitter.com/DanNeidle/status/1034778480137986049 …
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@abdulmc - Black money is a real issue, but not same as BEPS & FYI@GFI_Tweets have since revised down "misinvoicing" figure for India to $8-18 bn (I'd be careful with all these figures though https://www.cgdev.org/blog/illicit-financial-flows-and-trade-misinvoicing-time-reassess …) - 5 more replies
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Greater transparency of inter-country financial t/a: sender, receiver, initiator, amt, purpose,etal would move the ball forward for both types of transactions.
@UN Tax ought to lead an effort for large biz WW Unitary Tax, but they don't even use twitter!mailto:taxffdoffice@un.orgThanks. Twitter will use this to make your timeline better. UndoUndo
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