It is often said (on the basis of a misreading of an old UNCTAD report) that 60% of world trade happens within multinational companies. But best estimates are that it is around 30% says @nickshaxson at @TaxJusticeNet https://www.taxjustice.net/2019/04/09/over-a-third-or-more-of-world-trade-happens-inside-multinational-corporations/ …
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This is what i wrote on this back in 2015 https://www.cgdev.org/sites/default/files/CGD-policy-paper-69-Forstater-tax-dodging-dev-finance_2.pdf … (i.e. the same thing....)pic.twitter.com/VlqQFMrdTN
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For which i was told I was wrong and my motives were questionable by the leading lights of the tax justice movement
https://www.taxresearch.org.uk/Blog/2015/07/13/tax-justice-is-not-about-big-numbers/ …1 reply 0 retweets 1 likeShow this thread -
... And my point is not to be personally aggrieved. The article ends with the usual call for more data. Great. But data is no use without institutions, networks and organisational cultures that allow people to look at it, learn from it and question.
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Replying to @MForstater
and the OECD had clearly said 60%. Also, your anti-NGO crowd is too hung up on data/numbers, focusing on measurables and airbrushing out unmeasurables - with generic effect of skewing policy in favour of MNEs (see chapter in my Finance Curse book - can send it if u like.)
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Replying to @nickshaxson
Nick. I know that John Neighbour when he was at
@OECDtax once said 60% in an article in the OECD Observer magazine, and it was perhaps an honest mistake by many to read this as 'the OECD says' http://oecdobserver.org/news/archivestory.php/aid/670/Transfer_pricing:_Keeping_it_at_arms_length.html …1 reply 0 retweets 0 likes -
But it is unreferenced statement, and not in an official OECD report. So i think it is a mistake to interpret this (then, and still now) as the OECD "clearly saying" 60%pic.twitter.com/48536s7A2F
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As to the playground personal slurs about being me anti-NGO and having some hidden motivations as part of a nefarious crowd....
As I said, this was nasty and unhealthy behaviour in 2015, and it still is. Wanting NGOs to be rigorous is not being 'anti-NGO'.1 reply 0 retweets 0 likes -
Replying to @MForstater @OECDtax
Well, holding feet to fire is of course fine, and necessary. I can't answer for others, and I don't like slurs either. But there are legitimate questions to be asked. Always seeking to lowball -- which is what it really does look like -- raises one.
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If you don't like slurs don't make them Nick. I am not anti-NGO. Or part of a "crowd". I do think perceptions of the scale of the revenues at stake are systematically overinflated, often by orders of magnitude and this undermines understanding & ultimately risks accountability
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Replying to @MForstater @OECDtax
It's not a slur, it's a genuine question. If your answer is 'they are systematically over-inflated so my responses will tend to undercut theirs,' then fine. (I may disagree, but OK.) lowballing by misquoting (not tooo badly) is another matter, and perfectly legitimate to question
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Replying to @nickshaxson @OECDtax
Nick. As i said calling me part of an anti-NGO crowd is a slur. It signals to people who are working within NGOs that I am anti them and they should be anti-me, and suspicious of my motives. And it has been said again and again.
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