#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

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Consumer price inflation: 1.2% Aug 2020 annual
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Unemployment: 7.4% Aug 2020
Last update: 13 Oct 2020

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