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March 2017
Blog
by Alex Cobham

There are now a range of estimates of the global scale of tax avoidance. These include: the $600 billion annual tax loss estimated by IMF researchers Crivelli et al. (2015; 2016), which divides roughly into $400 billion of OECD losses and $200 billion elsewhere; the $100 billion annual tax losses that UNCTAD’s World Investment Report…

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February 2017
Blog
by Alex Cobham

International tax rules for multinational companies appear to be approaching a major crossroads, for three reasons. First, the OECD Base Erosion and Profit Shifting (BEPS) process is increasingly seen as unlikely to deliver on the ambition of its one stated aim, to reduce the misalignment between multinationals’ declared, taxable profits and the location of their…

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