Surely @worstall isn't right that @gabriel_zucman simply assumes all offshore income/gains is untaxed? http://www.timworstall.com/2017/11/08/were-going-to-have-to-call-this-the-zucman-leap/ …
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Rasmus Corlin Christensen Retweeted Gabriel Zucman
Not all, but a large part. The assumption is substantiated, if still open for debate. Thread on this a while back:https://twitter.com/gabriel_zucman/status/919232605542682625 …
Rasmus Corlin Christensen added,
2 replies 0 retweets 0 likes -
Replying to @phdskat @DanNeidle and
My old post on
@MForstater blog tried to describe the methodology. Key areas were % not reported; assumed rate of return and tax rate on undeclared. https://hiyamaya.wordpress.com/2016/05/26/190bn-and-counting-measuring-offshore-tax-losses/amp/ …2 replies 0 retweets 3 likes -
Replying to @iaincampbell07 @phdskat and
Why does he assume only 75% non-dom? I’d expect much higher given that the UHNW will swamp the data, and are very rarely UK resident and UK domiciled.
3 replies 0 retweets 0 likes
Ah - found the UK bit it is in the spreadsheet to the book it says "UK deposits are divided by 4 to account for sham corporations; this is very uncertain" (?
?)
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