3/3 Background @TaxJusticeNet on this potentially massive step forward for tax transparency and accountability http://www.taxjustice.net/2016/01/28/tjn-calls-for-public-country-by-country-reporting-a-few-hours-later/ …
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Replying to @alexcobham
4/n Couple more things. UK commitment to public CBCR, assuming no strings attached, changes the calculation both for, and within, the EC
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Replying to @alexcobham
5/n EC commitment to public CBCR covers a substantial proportion of the world's multinationals, &making it much easier for others to require
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Replying to @alexcobham
6/n For developing countries that means a whole load of valuable information, plus the freedom to request same from any other multinationals
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Replying to @alexcobham
7/n The (national and global) benefit-cost ratio of making this info public is extraordinarily high, as shown at http://bit.ly/CC-PDF
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Replying to @alexcobham
@alexcobham OK I am a miserable sod, but your assessment of the benefits-cost ratio says it is unknown, not 'extraordinarily high'2 replies 0 retweets 0 likes -
Replying to @MForstater
@MForstater Look at costs. If data required by law, additional compliance for open publishing (probably) < 0. So BCR =?1 reply 0 retweets 0 likes -
Replying to @alexcobham
@alexcobham = unknown/ low (probably) = unknown2 replies 0 retweets 0 likes -
Replying to @MForstater
@alexcobham - just because an intervention is apparently low cost does not mean its CBR = incredibly high!2 replies 0 retweets 0 likes -
Replying to @MForstater
@MForstater no, but if it's negative we're into no-brainer territory1 reply 0 retweets 0 likes
@alexcobham No we are not. As w sex offenders register. Publishing wld save admin cost in responding to requests. Still not a no brainier.
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