#45 On profit shifting

OECD Observer No 295, Q2 2013

Click to enlarge. By StiK, especially for the OECD Observer

"Chop, Chop, Frankie, where are those briefing notes on profit shifting in the new economy? The Tax officials are coming in!"

"I have them right here, sir! ... Governments must act together so these smart new e-business giants—Google, Amazon, etc—can no longer move their profits around and get away with such low taxes."

"But they aren't breaking any laws, even if it seems a bit iffy."

"That's the problem."

"So, what's our solution, Frankie?"

"We all apply to become a subsidiary of Google?" 

The world can be a complex place. See how Frankie and his colleagues at Global.org grapple with the thorny public policy issues of our time, in this cartoon strip.

For more Frankie.org, click here

Economic data

GDP growth: +0.6% Q1 2019 year-on-year
Consumer price inflation: 2.3% May 2019 annual
Trade: +0.4% exp, -1.2% imp, Q1 2019
Unemployment: 5.2% July 2019
Last update: 9 September 2019

OECD Observer Newsletter

Stay up-to-date with the latest news from the OECD by signing up for our e-newsletter :

Twitter feed

Subscribe now

<b>Subscribe now!</b>

Have the OECD Observer delivered
to your door

Edition Q2 2019

Previous editions

Don't miss

Most Popular Articles

NOTE: All signed articles in the OECD Observer express the opinions of the authors
and do not necessarily represent the official views of OECD member countries.

All rights reserved. OECD 2019