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MForstater's profile
Maya Forstater
Maya Forstater
Maya Forstater
@MForstater

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Maya Forstater

@MForstater

Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk

https://medium.com/@MForstater
hiyamaya.net
Joined September 2008

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    1. Maya Forstater‏ @MForstater 26 Oct 2018
      • Report Tweet

      Maya Forstater Retweeted Transparency Int. EU

      The data visualisation is pretty, but a learning process would have been better -- talking with people who understand the underlying businesses & testing intuitions about the conclusions that can be drawn from looking at the country by country data.....https://twitter.com/TI_EU/status/1055371550264881152 …

      Maya Forstater added,

      0:36
      Transparency Int. EUVerified account @TI_EU
      JUST LAUNCHED: Our new platform visualises the activities and financial data of the 20 biggest #EU banks from their country by country #reporting. Find it here ➡️ http://www.taxtracker.eu  #taxtransparency #responsibletax pic.twitter.com/VHioJY3Ix4
      1 reply 0 retweets 0 likes
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    2. Maya Forstater‏ @MForstater 26 Oct 2018
      • Report Tweet

      Is the ETR of banks in Ireland really 6%??? 🙄 -- this seems to be largely driven by RBS which owns Ulster Bank... clobbered by the financial crisis had massive losses (with apparent profitability driven by loan loss write-backs in 2015 http://www.investors.rbs.com/~/media/Files/R/RBS-IR/credit-ratings/moody/UBL_CO_july2016.pdf …) Not BEPSpic.twitter.com/kA1VdIOCEH

      1 reply 0 retweets 0 likes
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    3. Maya Forstater‏ @MForstater 26 Oct 2018
      • Report Tweet

      What's going on at BNP Paribas in Cayman islands? I don't know. Possibly 'reported turnover' is net interest, while pre tax profits includes dividends received? At any rate BNP Paribas say in their report that staff and profits for Cayman entities are in the US. So the IRS knowspic.twitter.com/DATu8061h1

      1 reply 0 retweets 0 likes
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    4. Maya Forstater‏ @MForstater 26 Oct 2018
      • Report Tweet

      Maya Forstater Retweeted Transparency Int. EU

      Credit Agricole also has profits in Cayman islands but no staff. The report says the staff and taxes are in the US.https://twitter.com/TI_EU/status/1055404237641932800 …

      Maya Forstater added,

      Transparency Int. EUVerified account @TI_EU
      It's difficult to understand and compare #cbcr data of #EU banks, as they report in different ways and in different places. Our new http://www.taxtracker.eu  helps visualise the data of the top 20 banks and allows you to make comparisons like this one 🔽 pic.twitter.com/eu04rtyCyT
      1 reply 0 retweets 0 likes
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    5. Maya Forstater‏ @MForstater 26 Oct 2018
      • Report Tweet

      Maya Forstater Retweeted Transparency Int. EU

      BBVA in Ireland also had higher profits than turnover. What does this mean? I don't know. But i guess we are supposed to think its dodgy profit shifting? BBVA is shutting up shop in Ireland so perhaps it wasn't such a money pot.https://twitter.com/TI_EU/status/1055726486777409537 …

      Maya Forstater added,

      Transparency Int. EUVerified account @TI_EU
      Our brand new tool lets you easily check the financial report data from the top 20 #European banks. Check out this example from BBVA operations in #Ireland and find more at http://www.taxtracker.eu  #taxparency #cbcr pic.twitter.com/DsGQi3fqW1
      1 reply 0 retweets 0 likes
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      Maya Forstater‏ @MForstater 26 Oct 2018
      • Report Tweet

      Did you know... The 20 largest banks in Europe declared a turnover of 284 m Euros in Bermuda..... or to put it differently HSBC owns a large bank in Bermuda.pic.twitter.com/btDJyAWOXR

      5:19 AM - 26 Oct 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        1. Maya Forstater‏ @MForstater 26 Oct 2018
          • Report Tweet

          These headline feel like they are pulling our chain. Are there other useful conclusions that can come from the bank CbC data? Maybe. This tool uses data for 2015 (Because Oxfam had already put it on a spreadsheet). 2016 and 2017 data is available but has not been compiled.

          1 reply 0 retweets 1 like
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        2. Maya Forstater‏ @MForstater 26 Oct 2018
          • Report Tweet

          I am wary of the easy rallying cry "we need more data"...when the data that has been already been reported has not seriously been looked at to test if it does what people hoped it would.

          1 reply 0 retweets 3 likes
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        3. Maya Forstater‏ @MForstater 26 Oct 2018
          • Report Tweet

          On extractive sectors, there has been significant effort to try to make use of data disclosed. What has been learnt is..... simple ratios may show 'red flags but always need to look for plausible explanations & not jump to conclusions @Global_Witness :https://www.globalwitness.org/en/campaigns/oil-gas-and-mining/finding-missing-millions/#chapter-2/section-0 …

          1 reply 0 retweets 1 like
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          4. End of conversation

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