Taxation, the most boring #rp17 talk

Walter Palmetshofer, Maximilian Kasy, Dani Platsch You might heard
about #LuxLeaks, #PanamaPapers, or other frivilous  tax
activites. This talk gives a overview about one the most urgend
policy issues legal tax holes for big corporation, how big their
score is, in relation to your own tax rate (across Europe) and why
it should concern you.  Duh you pay for it. And why you should
get active.  We will present the launch of a European-wide
anti-tax evasion campaign beginning of May 2017. Ireland's decision
to phase out the Double Irish tax loophole doesn't mean the country
is giving up on tax competition, or that U.S. multinationals will
now bring more of their foreign earnings home. The reason affected
tech companies are so calm about it is that they know Ireland will
do whatever it takes to keep them. And it's not just Ireland
...  "Revelations of the extent of tax avoidance by
multinationals based on exploitation of the arm’s length system
prompted a rear-guard action by the OECD described as the base
erosion and profit shifting (BEPS) programme but the programme
deliberately avoids any principled re-examination of norms
underlying the international tax regime or any consideration of a
shift from residence to source-based taxation." And the icing on
the cake:  We will present you the Stachanow of Capitalism:
The only employee (on a mere 55.000 Euro annual salary) of
ExxonMobil  Spain: 9.9 billion Euro in net profits in 2 years.