Hands up if you think this figure is a good approximation of the right ballpark? You all know what I think, but is there anyone who thinks this is a reasonable estimate?https://twitter.com/alexcobham/status/1110578056144531457 …
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I'm not saying this to be difficult. Remember Reynolds & Wier estimate of revenue loss to profit shifting for South Africa (using tax return data) was 0.05%of GDP. https://www.cgdev.org/blog/how-big-transfer-pricing-prize-development …
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Over inflated expectations risk undermining good work of revenue authorities, taxpayer morale and investment environment for compliant taxpayers.
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And was there also the missing gold and IFFs?
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