A ripple of applause after @profchristians suggests we stop trying to align the tax base with value creation, and start aligning it with development needs. Says the Inclusive Framework is the place to do that.
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Replying to @martinhearson @profchristians
Interesting reaction! When we suggested in 2015 that an MNC "progressively improving the international equity of its tax payments" might be part of tax CSR we got more pushback on this from business and tax professionals than for any other proposal http://bit.ly/1PxEaj0 pic.twitter.com/bwsoAyhoKm
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Replying to @Bakhunin @profchristians
But I thought businesses don't care where they are taxed, so long as they only pay tax once!
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Replying to @martinhearson @profchristians
We mainly got feedback along the lines of "I thought you didn't approve of profit-shifting -- isn't that what you're proposing?"
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Replying to @Bakhunin @martinhearson
This is why I’ve long disliked the term profit shifting just the same way I dislike the term redistribution. It invites us to assume things about an existing allocation or distribution that make change seem disruptive instead of corrective
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I think there's a distinction between by changing rules vs by CSR, and also who was in the room/applauding... But did seem to be some appetite...
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Replying to @MForstater @profchristians and
W. Morris saying (as he has before) that LVA mgmt services could be taxed in devlping countries, and J Juggins calling for simplified TP favouring developing countries. Not a lot of biz there though (all in DC for TCPI!)
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Also launch of B Team Responsible Tax Principles which takes forward some of Getting to Good
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