Delighted to see that @IMFNews confirmation of the extent to which multinationals' foreign 'investment' is really just tax abuse has made it on to the front of the FT - great work @MESandbupic.twitter.com/nRoRLpUo47
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That's false. The authors repeatedly use the term 'phantom investment'. And they also make the link to tax abuse very clearly. https://www.imf.org/external/pubs/ft/fandd/2019/09/the-rise-of-phantom-FDI-in-tax-havens-damgaard.htm …pic.twitter.com/rwF4SB6Kvp
Using the term "phantom investment" is not a research finding. Nor is referencing the BEPS project. Where is it that the IMF study finds that investments that go through the Netherlands, Lux etc... are "really just tax abuse"?
