I think data from @gabriel_zucman latest available here http://gabriel-zucman.eu/ has estimate of $5.3bn shifted out of LICs and LMICs
-
Show this thread
-
that's gross not tax loss. I am looking at worksheet Data C2, C22 cell G38
2 replies 0 retweets 0 likesShow this thread -
share of profits shifted not even 1% ?! can this be right? I am expecting to discover I am reading this wrong.
1 reply 0 retweets 0 likesShow this thread -
Replying to @CarterPaddy @gabriel_zucman
Hard to tell w/out paper - i think he is apportioning profits in havens to residence countries based on share of global foreign earnings
1 reply 0 retweets 0 likes -
LICS have low share of outward FDI, holdings and loans - so low share of the total
1 reply 0 retweets 0 likes -
Replying to @MForstater @gabriel_zucman
oh. I'dve thought methodology would need to capture profits shifted out of a MNC's *inward* FDI into a LIC. wait for paper, I guess.
1 reply 0 retweets 0 likes
Yes you could allocate by inwards FDI (as with UNCTAD study) LICs and LMICs about 5% of global FDI stocks - Q is where profits shifted from
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.