An excellent analysis: “Profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.”
Read here
Brad Setser: Tax Avoidance and the Irish Balance of Payments
Economics
Bill Mitchell: The Meseberg Declaration – don’t hold your breath waiting
The EU as we know it: Much ado about nothing. Read here
EU politics
SafeHaven: Austria Rings In New Year With Tax Threat For Tech Giants
The European Union has been desperately trying to implement a plan to get tech companies that generate billions of dollars online to pay more taxes. But with a plan to impose a bloc-wide tax regulation […]
EU politics
UNHCR sounds alarm as Mediterranean Sea deaths pass 1,500 mark
Obviously the EU is making absolutely no progress in solving the refugee crisis on its border. Read here
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