I have a geunine question for you @MForstater - given your reluctance to categorizing transfer mis-pricing as IFF, what about intra-firm financial methods like thin capialization and derivatives contracts? Should such activities be attempted meassured and accounted for as IFF?
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That is a political question, not a methodolgical one in my view - the result is the same, the motivation is similar, though the source/incentives are different. My political call is - yes it makes sense. At least more sense than not lumping it.
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Yes its political, & depends what u trying to do. If it is something that is legal but you want to stop it (like thin cap where there are no thin cap rules) then need to include ppl using current rules in consultation etc which u can't do if u call them illicit & lump w criminals
End of conversation
New conversation -
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Practically i think the test is - if you hold a meeting on IFFs who will come? Not the people who really know about the legal, practical and commercial aspects of avoiding BEPS thru dividends & interest. And if they did come they wouldn't have much to say to the AML folks.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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