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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. Maya Forstater‏ @MForstater 27 Jul 2017
      • Report Tweet
      Replying to @javiergb_com @1867ben and

      I think you mean 'returns' whenever you say 'capital' in the paper - it completely changes the meaning. It is back-to-front

      2 replies 0 retweets 2 likes
    2. Maya Forstater‏ @MForstater 27 Jul 2017
      • Report Tweet
      Replying to @MForstater @javiergb_com and

      e.g. G article opposite to your data 'Netherlands was conduit for 23% of corp investments that ended in a tax haven' https://www.theguardian.com/world/2017/jul/25/netherlands-and-uk-are-biggest-channels-for-corporate-tax-avoidance …

      2 replies 0 retweets 0 likes
    3. Javier Garcia-Bernardo‏ @javiergb_com 27 Jul 2017
      • Report Tweet
      Replying to @MForstater @1867ben and

      We track both (one axis is investment from tax havens, other is investment to tax havens). They are very correlated.pic.twitter.com/3DxM7zvZ9p

      1 reply 0 retweets 0 likes
    4. Ben‏ @1867ben 27 Jul 2017
      • Report Tweet
      Replying to @javiergb_com @MForstater and

      Yes, we get that you track both - but is a 'sink' one which invests more than is invested or invested in more than invests?

      1 reply 0 retweets 0 likes
    5. Javier Garcia-Bernardo‏ @javiergb_com 27 Jul 2017
      • Report Tweet
      Replying to @1867ben @MForstater and

      Invests more than it's invested. We'll try to be precise next time with the language (capital/returns).

      2 replies 0 retweets 1 like
    6. Maya Forstater‏ @MForstater 27 Jul 2017
      • Report Tweet
      Replying to @javiergb_com @1867ben and

      What does "Value" mean in the paper? equity? profit? revenue?

      1 reply 0 retweets 0 likes
    7. Javier Garcia-Bernardo‏ @javiergb_com 27 Jul 2017
      • Report Tweet
      Replying to @MForstater @1867ben and

      Value is equity weighted by revenue.pic.twitter.com/RQGmyp7MDC

      1 reply 0 retweets 0 likes
    8. Maya Forstater‏ @MForstater 27 Jul 2017
      • Report Tweet
      Replying to @javiergb_com @1867ben and

      Revenue seems like an odd metric here - it does not flow up the ownership chain.

      2 replies 0 retweets 0 likes
    9. Paddy Carter‏ @CarterPaddy 27 Jul 2017
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      Replying to @MForstater @javiergb_com and

      was thinking not crazy as *very* rough approximation to suppose returns are proportional to revenue?

      2 replies 0 retweets 1 like
    10. Javier Garcia-Bernardo‏ @javiergb_com 27 Jul 2017
      • Report Tweet
      Replying to @CarterPaddy @MForstater and

      Exactly, it's a rough approximation. We have better data on revenue than profits. It works since we study millions of these ownership chains

      1 reply 0 retweets 0 likes
      Maya Forstater‏ @MForstater 27 Jul 2017
      • Report Tweet
      Replying to @javiergb_com @CarterPaddy and

      I can see why u might use revenue as a rough approximation proportionate to profit, but then u seem to interpret 'value' as investment flow.pic.twitter.com/2CarP5G7lZ

      5:00 AM - 27 Jul 2017
      1 reply 0 retweets 0 likes
        1. New conversation
        1. Maya Forstater‏ @MForstater 27 Jul 2017
          • Report Tweet
          Replying to @MForstater @javiergb_com and

          i.e. u use it as indirect indicator of returns flowing to OFCs via UK, NL etc.. but then present it as investment flowing via UK, NL to OFCs

          1 reply 0 retweets 0 likes
        2. Javier Garcia-Bernardo‏ @javiergb_com 27 Jul 2017
          • Report Tweet
          Replying to @MForstater @CarterPaddy and

          Ownership relations reflect previous investments. There is a strong relationship between foreign investment and our value flows (Fig. S1)pic.twitter.com/fqz59fwTji

          1 reply 0 retweets 0 likes
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