Also @MKSolicitors is not impressed with @fichtner_jan @javiergb_com 's 'Sinks and Conduits' paper http://www.fcpablog.com/blog/2017/9/19/martin-kenney-academics-skew-picture-of-bvi-and-other-offsho.html … (lesson: researchers should talk to practitioners more)
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Yes, we talked about this before. We show the ownership chains "start" there, and thus BVI and other sink-OFCs are key players in the offshore world.
I think thats what Martin is getting at. It is not news that BVI, Cayman, Bermuda are key players in the offshore world. They question is their impact good or bad? The framing & coverage of yr paper suggests 'bad' but thats not what you studied w the numbers
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But nobody had compared their importance before. And there wasn't much research on the concept of conduit. Everybody agrees that there are good things and bad things about OFCs, and that they facilitate that MNEs/individuals pay less taxes than their domestic counterparts.
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We need funding, data and science to show if their impact is good or bad, and not pure rhetoric like Martin's blog post.
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