Discover and read the best of Twitter Threads about #luxleaks

Most recents (2)

“Journalism is printing what someone else does not want printed: everything else is public relations.”

Longish thread on the shutting down of journalism (and whistleblowing) that makes people uncomfortable…
1/
When @TaxJusticeNet was getting started in the early 2000s, @jechristensen56 and others were opening up a whole new area
2/
In many countries, there had been little or no public scrutiny of #taxjustice issues like the widespread abuse of ‘tax havens’ by elites, or the systemic nature of tax avoidance by major companies and their enablers like the big four accounting firms
3/
Read 28 tweets
1. Are advanced tax rulings just a mechanism to corrupt the normal application of tax rules to multinational companies? (A quick thread as work avoidance)
2. The attraction, on paper, is that multinational companies get certainty about (some) tax treatment; as do tax authorities, who can then focus their limited resources elsewhere.
3. The risks? That the negotiation over advanced tax rulings is even more unbalanced than the usual negotiation over multinationals' actual tax payments. The tax authority has no threat of demanding audit or payment; and cannot devote the same level of resources.
Read 20 tweets

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