"Tax evasion out of Africa far outstrips aid. UK has responsibility for this given complicity with tax havens." @KateOsamor at #ODIOsamor
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Replying to @jasonhickel @KateOsamor
FYI estimated African tax loss here: https://www.wider.unu.edu/publication/global-distribution-revenue-loss-tax-avoidance … $13bn ex ZAF, ODA to Africa here: https://www.oecd.org/dac/financing-sustainable-development/development-finance-data/ODA-2016-detailed-summary.pdf … $27bn
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the $13bn comes from the spreadsheet
@alexcobham and@petr_jansky provide here:https://docs.google.com/spreadsheets/d/1r7jdXvQ1NaGjUUkH1afniE3xvTyCu7NC8BZWZjkkQ-k/edit#gid=389779094 …1 reply 0 retweets 0 likes -
Replying to @CarterPaddy @jasonhickel and
the number estimates tax losses due to profit shifting, not evasion
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Replying to @CarterPaddy @jasonhickel and
I was going to add just that. For evasion, one source is Zucman's study http://gabriel-zucman.eu/files/Zucman2014JEP.pdf … which suggests $15bn losses across Africa
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Replying to @alexcobham @CarterPaddy and
So it's certainly plausible that African countries' revenue losses due to international tax abuses are of a common order with aid receipts
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Replying to @alexcobham @CarterPaddy and
The calculation does not work out at a country level. E.g.
@gabriel_zucman says Zambians had $1.4bn offshore in 2007 http://gabriel-zucman.eu/files/AJZ2017bAppendix.pdf …1 reply 0 retweets 0 likes
By his calc if returns are 8% (big If!) & 80% unreported tax loss to Zambia is $33 million - which is a fraction of aid receipts
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