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 …
-
-
I'm not sure of the aim of this Tracker. It gives numbers, but set in a context free zone, eg no mention that taxes are paid on taxable profits, not published commercial ones, That explains the apparent surprise that taxes can be higher than profits.
@sarahwprior@DanNeidle -
It gives context to the fact the 3 large loss-making banks actually paid 7% of global bank taxes. The Report aims as below. But how does that fit with the fact the tax rate for all banks is an average of 29.6% and why say Barclays at 32.3% is higher than the main UK CT rate?pic.twitter.com/qGWfLzrIj4
- 1 more reply
New conversation -
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.
-- 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