The argument that the definition of #illicitflows should include #tax avoidance is weirdly circular (.....thread to follow)https://twitter.com/MForstater/status/868026921250160641 …
-
.
@alexcobham says pressure to *remove* tax avoidance from definition/ target on IFF. But is no international agreement that its in now.
Most common defn “$ illegally earned transferred or
used” (see @GFI_Tweets http://www.gfintegrity.org/issue/illicit-financial-flows/ … @IFF_Africa http://www.uneca.org/sites/default/files/PublicationFiles/iff_main_report_26feb_en.pdf …)
-
-
(2) “estimates show tax avoidance by MNCs = largest component of IFFs” This based on the muddle of misinvoicing/ mispricing/transfer pricing
-
i.e. the big estimates interpret data mismatches as MNCs undertaking major customs fraud, massive smugglinghttps://www.cgdev.org/blog/gaps-trade-data-criminal-money-laundering …
- 4 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.