Tax lawyer (@ibfd_on_tax) interests in tax policy, resource sector taxation, public financial governance, political economy, development. & Tunisian mom
"Ghana has successfully implemented a hybrid tax regime and put several measures in place to combat the illicit tobacco trade with taxes on tobacco having have had an actual impact on revenue" Dr. Alex Kombat of @GhanaRevenue at ATAF's 2nd CONTINENTAL WORKSHOP ON HEALTH TAXES
Some 7 executives of the French oil company BOURBON were found guilty of corruption in Marseille France today July 12 2024. They are accused of organizing the payment of bribes in 3 countries, Cameroon, Equatorial Guinea and Nigeria. As regards Cameroon the main offenders were:
Christian LEFEVRE
Guilty of corruption in the 3 countries (Cameroon, Nigeria and Equatorial Guinea)
30 months suspended sentence 80,000 euros fine
Prohibited from exercising any corporate mandates, manage, direct any commercial company for 3 years.
Gaël BODENES and Laurent RENARD Guilty of corruption in the 3 countries
24 months suspended sentence and 80,000 euros fine. Prohibited from exercising any corporate mandates managing, running a company
Eric Verrière guilty of being an accomplice to corruption in Cameroon only. 6 months suspended sentence and 5000 Euros fine.
Cameroon was not party to the suit and no Cameroonian tax official was named. No legal action has been taken in our country. Just like in the GLENCORE scandal impunity reigns supreme. The day the state of corruption in the oil sector will be revealed we will just have to declare 30 days of National Mourning. 2025 is our golden opportunity to vanquish this evil and give hope a chance. We will overcome.
My new blog at @Wolters_Kluwer Tax Blog: "Moving On: The Case for Developing Nations to Leave the OECD Pillar One Behind" 🤓 Read it here: https://t.co/ld8wB4EYlx #TaxTwitter
My latest op-ed @guardian 👇🏽
Decolonizing the Kenyan economy requires strategic investments in food sovereignty, agroecology, renewable energy sovereignty, and regional and Pan-African industrial policies-> Investments denied to Kenya by the Global North
https://t.co/YE4vOi2WhB
#Mauritanie : Le secteur #minier a contribué pour 24 % au PIB en 2022. Des projets ambitieux sont en cours pour doubler la production de minerai de #fer et développer l'acier vert. Découvrez comment ces initiatives changent le paysage économique du pays: https://t.co/EBbpWjAoDe
ATAF Executive Secretary Mr @LoganWort reaffirmed ATAF's commitment to supporting the @_AfricanUnion 's work to working with partners & member countries to ensure the actions taken at the Pan African Conference on #IFFs are implemented, @AU_ETTIM@AmbMuchanga#ATAF#TaxTwitter
Un impôt minimum mondial sur les plus riches est désormais envisageable. Regardez la couverture par @FRANCE24 du rapport de @gabriel_zucman pour 🇧🇷 @g20org : un impôt de 2 % sur la fortune de 3 000 milliardaires pourrait rapporter USD 200 milliards. ➡️https://t.co/lVi4xxZWzE
Les éditrices de @editionpassager et moi-même avons décidé de la gratuité de ce livre (pdf et epub) jusqu'au 7 juillet.
Aux racines coloniales racistes et criminelles du FN/RN
Le lien https://t.co/YMOa44wrw3
Que cela ne vous empêche pas de l'acheter en librairie si vous le pouvez
My opinion is featured in @NatOlivo@Law360 's article on P1. In brief, P1 has little scope to succeed; countries do not only have DSTs as an alternative (online VAT, too), and the problem of nexus remains after a potential failure of the MLC. https://t.co/KR69ExBsah
@ICTDTax@IDS_UK@WIEGOGLOBAL@MikeRogan11@VVandenboogaard@NAnyidoho There is a common assumption that informal workers don't pay any taxes. But many of them do pay a set of taxes and fees, some to local authorities. Higher income individuals (quintile 5) are more likely to pay those - but there are plenty of payments on the lower income end too.
An informative paper. It does not consider impact of WHT, which means revenues from Pillar 1 may be lower for developing countries than the estimates in the paper. A great initiative by @South_Centre@ATAFtax and @wataftax
At the 9th @IBFD_on_Tax Africa Tax Symposium, @South_Centre Senior Program Officer @abdulmc highlighted that only 1% of taxable profits under the #OECD Global Minimum Tax are located in Africa, making it irrelevant for most of the Continent.
Tax dodging by multinationals: a new EU Tax Observatory report in collaboration with @DataForGood_FR highlights the lack of transparency!
The report examines corporate tax transparency and evaluates how emerging measures could shape future developments: https://t.co/czkwKdHDW6
US multinational companies are dissolving their overseas holding companies and reshoring ownership of their subsidiaries to delay paying the new 15% global minimum tax—perhaps indefinitely. https://t.co/VHsw6yblME
The first session of negotiations on the Terms of Reference for a #UNTaxConvention on International Tax Cooperation is wrapping up today in New York.
To understand the role of the UN in international tax, read this blog by @SolPicciotto ➡️https://t.co/Xb5pYENV2M
#TaxTwitter
"We need a coordinated minimum tax on the super-rich. We now know that international coordination is possible.
There is now a minimum tax on corporations.
Years ago this was an utopia.
Now it's real."
@gabriel_zucman at @cepal_onu
🌐Day 8 highlights from the Ad Hoc Committee on the UN Framework Convention on International Tax Cooperation, including a timeline announced for draft Terms of Reference (ToR) ❗See below ⤵️