18 de jan. de 2017

Aid in reverse: how poor countries develop rich countries

"Multinational companies also steal money from developing countries through 'same-invoice faking', shifting profits illegally between their own subsidiaries by mutually faking trade invoice prices on both sides. For example, a subsidiary in Nigeria might dodge local taxes by shifting money to a related subsidiary in the British Virgin Islands, where the tax rate is effectively zero and where stolen funds can’t be traced."

Welcome to the Neoliberalism Realm

https://www.theguardian.com/global-development-professionals-network/2017/jan/14/aid-in-reverse-how-poor-countries-develop-rich-countries

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