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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 Feb 7
      • Report Tweet

      Bernard Sanya - countries offer tax incentives without costing them, driven by politics, and private benefit for highly connected syndicates. Tax competition is a realitypic.twitter.com/6VlDR1byUE

      1 reply 0 retweets 2 likes
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    2. Maya Forstater‏ @MForstater Feb 7
      • Report Tweet

      Key issues: over valued imports of equipment. Companies move equipment around the region claiming capital allowances each time, abuse of ring fencing provisions

      1 reply 0 retweets 1 like
      Show this thread
    3. Maya Forstater‏ @MForstater Feb 7
      • Report Tweet

      Govts should move away from individual negotiations with companies and put the terms into the fiscal code

      1 reply 0 retweets 1 like
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    4. Maya Forstater‏ @MForstater Feb 7
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      Need for transparency on incentives & tax expenditures. Civil society should monitor the implementation of the concession and the revenue flows

      1 reply 0 retweets 0 likes
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    5. Maya Forstater‏ @MForstater Feb 7
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      Athelia: Tax incentives are not necessarily useful - eg company asked for incentive to avoid laying off staff, but they still laid off 1000 staffpic.twitter.com/KtZRg5EIWB

      1 reply 0 retweets 3 likes
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    6. Maya Forstater‏ @MForstater Feb 7
      • Report Tweet

      Athelia talking about the challenge of taxing small scale mining, along the chain of miners and brokers. Where the money is concentrated so are the political connections.pic.twitter.com/Jzx6exeFOD

      1 reply 0 retweets 0 likes
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    7. Maya Forstater‏ @MForstater Feb 7
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      Taxes are paid in kind as goldpic.twitter.com/zUWRfRA3ua

      1 reply 0 retweets 0 likes
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    8. Maya Forstater‏ @MForstater Feb 7
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      Technology solutions apps being developed to track minerals to avoid conflict minerals, can also use this to track money flows. Also tax at the point of export permit.pic.twitter.com/KYS0R4b4ma

      1 reply 2 retweets 0 likes
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    9. Maya Forstater‏ @MForstater Feb 7
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      Discussion on the problem of auditing exploration & development costs. In Ghana at the point of production beginning the EA has a right to audit all costs before they are capitalised, but need. To have rules to support information availability

      1 reply 0 retweets 0 likes
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    10. Maya Forstater‏ @MForstater Feb 7
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      Are all incentives bad? No and some like accelerated depreciation, loss carry forwards are structural to the industry, vat exemptions may be justified, depending on capacity to give refunds

      1 reply 1 retweet 1 like
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      Maya Forstater‏ @MForstater Feb 7
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      audits for cost recovery (by auditor general) and income tax (by revenue authority) . Who should do it? Can it be coordinated to audit once?

      2:57 AM - 7 Feb 2019
      0 replies 0 retweets 0 likes

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