[Tax] Oh @Oxfam. Oh @icij.... really?? really?? So Bob Geldof has a private equity company which invests in firms in Africa, and it structures through Mauritius (along with all the DFIs, IFC etcc) ...and....waves hands..."leak exposes multinationals siphoning tax revenues"https://twitter.com/oxfamwestafrica/status/1153602853631602688 …
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Everyone does things 'for tax reasons'. Even Oxfam. Are there more serious things in
@ICIJorg 's analysis than this non-story about Bob Geldof? I don't know, but they chose to run them down the page.Show this thread -
A good time for a retweet of
@CarterPaddy 's paper Why do Development Finance Institutions Use Offshore Financial Centres.https://www.odi.org/publications/10967-why-do-development-finance-institutions-use-offshore-financial-centres …Show this thread
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I think the phrase plain vanilla has been used. Not to mention risk of political instability.
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