IFU Danish Investment Fund for Developing Countries calls out Danwatch for misinformation on investment via offshore vehicles & suggestion of profit shifting from Zambia to Ireland (& Danwatch reply https://danwatch.dk/ifus-kommunikationsdirektoer-vildleder-om-brug-af-skattely/ …) cc: @CarterPaddy @phdskathttps://twitter.com/nboserup/status/939165477909262336 …
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Ooohhh, true, much of the aggressive tax avoidance is not illegal in the sense that is has not been actually found illegal in the courts - yet. The result on the ground is the same - lost tax revenues
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No - that's not what the HLP was trying to estimate -- it was trying to estimate' illicit financial flows' -- their number is not directly a tax loss either to avoidance or evasion. Its an estimate of a gross capital flow
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