Excellent stuff from @martinhearson on Bob Geldof and his "depressingly routine" use of tax havens like Mauritius to route investments into African countries.https://www.theguardian.com/global-development/2019/jul/31/bob-geldof-firms-use-of-a-tax-haven-is-legal-but-damaging-to-african-nations?CMP=share_btn_tw …
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Replying to @chrisjords @martinhearson
Why is this bad? This is standard practice, also for most of the DFIs.
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Replying to @mdws876 @martinhearson
That's the point of the article! Lot's more to read here https://www.taxjustice.net/topics/corporate-tax/tax-treaties/ … and here: https://www.taxjustice.net/topics/corporate-tax/taxing-corporations/ …
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Replying to @chrisjords @martinhearson
@MForstater am I missing something here?1 reply 0 retweets 0 likes
Maya Forstater Retweeted Maya Forstater
If you are I missed it toohttps://twitter.com/MForstater/status/1153643258670714886?s=19 …
Maya Forstater added,
Maya Forstater @MForstater
[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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11:44 AM - 31 Jul 2019
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