Stop spreading the myth: Zambia is not losing $3bn to tax avoidance in the mining sectorhttps://www.cgdev.org/blog/stop-spreading-myth-zambia-not-losing-3-billion-tax-avoidance …
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Replying to @MForstater
Are you saying the $3bn figure was always wrong, or it's wrong now? You imply it started with
@GFI_Tweets, so when & where?1 reply 0 retweets 0 likes -
Replying to @AndrewYorke1 @GFI_Tweets
Yes. It was always wrong. There are various versions of the number, all based on interpreting the same mismatch in trade stats.
1 reply 0 retweets 0 likes -
Replying to @MForstater @AndrewYorke1
@gfi_tweets promoted a version here http://www.gfintegrity.org/press-release/zambia-lost-8-8-billion-illicit-outflows-2001-2010-according-forthcoming-report/ …, and then $2.8bn in this one http://www.gfintegrity.org/report/illicit-financial-flows-to-and-from-developing-countries-2005-2014/ …1 reply 0 retweets 0 likes -
Replying to @MForstater @GFI_Tweets
The press release has a broken link to the actual report. And I can't see $2.8bn figure in the second report, can you help me out?
1 reply 0 retweets 0 likes
http://www.gfintegrity.org/wp-content/uploads/2015/12/IFF-Update_2015-Final-1.pdf … P37 'average trade misinvoicing - this is what was quoted by the Zam FIC. The paper rounded it uppic.twitter.com/ey3W3iBF9e
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