Reuters reports: "Fiat said on Wednesday it would register the holding of its newly created Fiat Chrysler Automobiles group in the Netherlands and set its tax domicile in Britain … [Read more...]
Race to the Bottom
IMF: tax cuts don’t attract investment
From the IMF, a Working Paper. It doesn't make quite the sweeping claim suggested in the headline, but still. "Using manufacturing and services firm-level data for 30 sub-Saharan African (SSA) countries, this paper shows that taxation is not a significant driver for the location of foreign firms … [Read more...]
Swiss double tax agreements disadvantage poorer countries
Our attention has been drawn to a fascinating new report (sadly, in German only, an English language summary is here) on Switzerland’s double tax agreements (DTAs) with developing countries. Interestingly, although the report was produced by researchers from the renowned World Trade Institute at … [Read more...]
The Taxcast: January 2014 – Edition 25
In the January 2014 Taxcast: Tax justice goes to the Cayman Islands; the latest fall-out from #OffshoreLeaks, the expose on tax havens from the International Consortium of Investigative Journalists; and HOW much is Africa spending on corporate tax breaks??? The Taxcast looks at tax incentives, … [Read more...]
Quote of the day – Boeing
From Citizens for Tax Justice: "How worried should we be that Boeing argues it should get a tax break for performing safety tests on its new planes? … [Read more...]
Offshore Corporate Profits: The Only Thing ‘Trapped’ Is Tax Revenue
From the Center for American Progress (hat tip: AABA), in the context of news reports of trillions of dollars in U.S. overseas profits "trapped" overseas, just waiting to be invested in the struggling U.S. economy - if only it could somehow be "unlocked" (such as through a corporate tax amnesty.) … [Read more...]
