In the Tax Justice Network's July podcast: We analyse the OECD's Action Plan it says is going to tackle corporate tax avoidance. And who needs the OECD, the G8 or the G20 anyway? The Taxcast looks at working models governments could implement NOW without any more summits: Japan introduced it's Tax Haven Counter Measure Law in the 1970s and Mexico has a tax haven black list and the Dictamen Fiscal rule to help it hold multinational corporations to account.
Produced by @Naomi_Fowler www.tackletaxhavens.com/
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What exactly in the “global tax system” was devised in the 1920’s? Surely a bit of nonsense for emphasis?
Arm’s length pricing by supposedly independent entities
Far from fiction – but keep chuntering aways at the total misinformation if you wish
we can all see it for what it is
Cross-border “arms-length standard” rules were first developed in the 1920s & 1930s but it would be a gross simplification to suggest that the current transfer-pricing rules were ‘devised’ in the 1920s in the same way that it would be a gross simplification to suggest that today’s Mercedes were developed in 1926.
I haven’t listened to the pod cast and I’m sure, Richard, that you haven’t implied any such thing as it would be palpable nonsense.
I’m not in the podcast
Cross-border “arms-length standard” rules were first developed in the 1920s & 1930s but it would be a gross simplification to suggest that the current transfer-pricing rules were ‘devised’ in the 1920s in the same way that it would be a gross simplification to suggest that today’s Mercedes were developed in 1926.
I haven’t listened to the pod cast and I’m sure, Richard, that you haven’t implied any such thing as it would be palpable nonsense”
“I’m not in the podcast”
Perhaps rather than engaging in verbal semantic games you could address the point?
Do you agree that if the podcast implied or stated that current transfer-pricing rules were put in place in the 1920s it would be somewhere between a gross simplification and a downright untruth? If you disagree, I’m sure your readers would appreciate an explanation longer than “no I don’t agree”.
The basis for the current rules unambiguously is to be found in the decisions made by the League of Nations in the 20s
All experts – more expert by far than me – agree on that
Why do you disagree?
Well the concept but not the formulation was indeed raised at LoN in the 1920s and was accepted by LoN in the 1930s.
Unitary taxation originated in the 1800s.
In other words my version of tax history is right