A v interesting contribution to #BEPS action 11. Gross figure $660bn seems consistent with @OECDtax net fig $240bn ?https://twitter.com/alexcobham/status/664020848236503040 …
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@alexcobham @hselftax 'missing profits' mainly US - is this US industrial policy for its MNCs rather than 'loopholes'& the dastardly dutch?
@MForstater @hselftax Not really. Big US losses because most real activity there (data on *US* MNEs); but fairly consistent RoW losses too.
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