Although not perfect and we have our criticisms but still impressive!pic.twitter.com/o1YRfaXgDQ
Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk
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Although not perfect and we have our criticisms but still impressive!pic.twitter.com/o1YRfaXgDQ
.@PSaintAmans is very clear: BEPS 2.0 final report (and consensus) planned for end 2020. Even though some might question this ambitious timeline.
A quick (historic) overview of BEPS 2.0pic.twitter.com/IDUJhCUEb4
Interesting ! First elements of impact assessments by fall 2019. At the same time the UN Tax Committee should publish its views on this process as well. October 2019 -> a busy/crucial month!
#Oxfam published a media briefing note indicating our priorities on BEPS 2.0
Main message
this is a historic opportunity to stop damaging tax competition & tax avoidance, and to build a fairer tax system that works for the benefit of all ppl.
Read here
https://www-cdn.oxfam.org/s3fs-public/tax_revolution_-_oxfam_briefing_-_7_june_2019.pdf …pic.twitter.com/szzAbskxkV
How will the impact assessments be conducted? All explained by @DBradbury1021
Would be good to have a clear link with #SDGs, #DRM and #taxmorale in this exercise!pic.twitter.com/B3FP84wy0I
@DanNeidle @MForstater
Not seen stats that poorer countries provide huge share of digital profits and losing out. Use doesn't necessarily correlate with profits.
Still not convinced that addressing these issues frees significant sums for SDGs. Most studies show USA main gainer.
Which studies do you refer to?
This is a good summary. 17 5 bn for the rest of the world from Torslov and others.pic.twitter.com/K74dWRoDLD
Or in pictoral form ...... https://www.cgdev.org/publication/reading-missing-profits-nations …pic.twitter.com/k6RxUZAIj5
In general the value added by subsidiaries of foreign multinationals is less than you might imagine, and per country is a part of GDP. Facebook makes $13 profit per active user per year (on average), so might pay $2-3 in CIT per user somewhere.
There is no reason to think that Facebook makes more profit from selling ads to users in poorer countries (and logical reason to think they might earn less) ... and all that is before we get into the questions about 'where value is created' etc...
(selling ads to companies targeting users that should probably say....)
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