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MForstater's profile
Maya Forstater
Maya Forstater
Maya Forstater
@MForstater

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Maya Forstater

@MForstater

Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk

https://medium.com/@MForstater
hiyamaya.net
Joined September 2008

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    1. John Ralfe‏ @JohnRalfe1 Nov 7
      • Report Tweet
      Replying to @DanNeidle @robertnpalmer and

      I thought it was intended to apply as a (small) percentage of the notional value, a bit like stamp duty?

      1 reply 0 retweets 1 like
    2. Dan Neidle‏ @DanNeidle Nov 7
      • Report Tweet
      Replying to @JohnRalfe1 @robertnpalmer and

      That was the EU 2011 proposal, which was dropped ‘cause notional value is essentially meaningless economically. This report looks at market value, which has the slight disadvantage of being zero day one. It’s a bit odd.

      1 reply 0 retweets 0 likes
    3. Maya Forstater‏ @MForstater Nov 7
      • Report Tweet
      Replying to @DanNeidle @JohnRalfe1 and

      Also the 6bn from unitary taxation is based on extrapolation from what UK might gain if taxable profits on US MNEs were distributed by formula, but does not seem to take into account what the UK would lose if profits of UK MNEs were similarly distributed to other countriespic.twitter.com/VOwUyiNu24

      3 replies 0 retweets 2 likes
    4. Dan Neidle‏ @DanNeidle Nov 7
      • Report Tweet
      Replying to @MForstater @JohnRalfe1 and

      Is that right?

      2 replies 0 retweets 0 likes
    5. Maya Forstater‏ @MForstater Nov 7
      • Report Tweet
      Replying to @DanNeidle @JohnRalfe1 and

      So the 6bn figure comes from the PSI report https://pop-umbrella.s3.amazonaws.com/uploads/9dacd52a-6987-4dcb-a90c-4a1146f4a342_Taxing%20Multinationals.pdf … which references "another study" - which when you follow the footnote is Cobham, Faccio and Fitzgerald 2019 https://osf.io/preprints/socarxiv/j3p48/ … ....pic.twitter.com/dfRezkgKRJ

      1 reply 0 retweets 0 likes
    6. Maya Forstater‏ @MForstater Nov 7
      • Report Tweet
      Replying to @MForstater @DanNeidle and

      Saying "it is only based on one data source" makes it sound like a point about data quality. But the salient thing about the Cobham, Faccio & Fitzgerald study which is being skated over here is it is only based on redistributing the profits of US MNEspic.twitter.com/goZ76wjp4M

      2 replies 0 retweets 0 likes
    7. Maya Forstater‏ @MForstater Nov 7
      • Report Tweet
      Replying to @MForstater @DanNeidle and

      The 'IMF model' being tested is that routine profits are taxed in relation to where capital assets are, and residual profits are taxed by a formula of sales & employment.pic.twitter.com/saEVE0Nd7q

      1 reply 0 retweets 0 likes
    8. Alex Jacobs‏ @AlexJacobs16 Nov 7
      • Report Tweet
      Replying to @MForstater @DanNeidle and

      But these are policies for the UK. Sadly the rest of the world's out of this doc's orbit for the moment! Isn't the manifesto something to celebrate & encourage? Specific ideas to make tax more fair. Of course they're not perfectly refined: 33 policies in 13 pages. But overall?

      1 reply 0 retweets 1 like
    9. Maya Forstater‏ @MForstater Nov 7
      • Report Tweet
      Replying to @AlexJacobs16 @DanNeidle and

      Birthdays are for celebrating. Policy proposals are for testing. If they are just a brainstormed set of ideas for discussion fair enough, but its presented as a manifesto with costed proposals: sums that can be added together. Tax experts rolling their eyes not a good outcome.

      1 reply 0 retweets 0 likes
    10. Alex Jacobs‏ @AlexJacobs16 Nov 7
      • Report Tweet
      Replying to @MForstater @DanNeidle and

      It's good to see other tax experts find policies in here to support, encouraging the effort to make uk tax fairer, even if it's not perfect.

      2 replies 0 retweets 1 like
      Maya Forstater‏ @MForstater Nov 7
      • Report Tweet
      Replying to @AlexJacobs16 @DanNeidle and

      It's also good to rule out &/or refine unworkable ideas and overly optimistic expectations . Both are good. Cheerleading ideas is not better than criticising them, if the point of the exercise is to get to workable, effective, widely supportable policies and good faith processes

      3:10 PM - 7 Nov 2019
      0 replies 0 retweets 0 likes

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