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Alex Cobham on Tax Injustice

IMF Podcasts

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What's Happening in Malawe?

If you're in a smaller, a developing nation, but you have factories, for example, that are run by a multi national company, does that country receive none of the taxes from that production in their country? Is that what we're talking about? So yet, to use that example, let's see you manufacturing in emwalese, malae, and your final sales destination is in the uk. Most of the profits ought to be in malawi, and most of the tax ought to be paid there. But if you want to go one step further, you sayta, we don't want to pay tax in the u k Either. And so create a third subsidiary

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