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Experts Disagree on Losses due to Illicit Financial Flows (Record no. 922)

000 -LEADER
fixed length control field 01193nam a2200133 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Visser, A.
245 ## - TITLE STATEMENT
Title Experts Disagree on Losses due to Illicit Financial Flows
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication South Africa
Name of publisher BD Live
Year of publication 2015
300 ## - PHYSICAL DESCRIPTION
Number of Pages 3p.
520 ## - SUMMARY, ETC.
Summary, etc The article details the uncertainty surrounding the exact figures off losses with the $50bn of illicit tax flows out of Africa alleged by certain international non-profit advocacy groups. The debate centred around the initiative to stem base erosion and profit shifting (Beps) which has created an awareness of taxation issues surrounding large multinational companies. Experts however disagreed on figures bandied about on the estimated tax losses due to illicit financial flows attributed to Beps.They recommended that a detailed independent analysis of the allegation is required to determine if the claims are real. Failure to move beyond the superficial allegation not only causes unnecessary conflict but will also cause key revenue authority resources to be misallocated.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Illicit Wealth, Illicit Tax Flows
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier iffoadatabase.trustafrica.org/iff/Experts disagree on losses due to illicit financial flows.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type News Articles

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