Tax Base Erosion Quotes

If every country tries to race towards the lowest [tax] rate, then in the end nobody gains. If you believe there should be no government at all, then fine. But if you believe some government is good, then you cannot have a system that erodes the tax base in all major countries.

African countries lose billions every year because of tax dodging by big corporations and wealthy individuals. They lose billions more from overly generous tax incentives in a misguided belief that this is the only way to attract foreign investment.

A huge part of Apple profits generated in Europe, in African countries, Middle East, and India were all booked in Ireland. And I think it is a very basic principle in taxation that your profits are taxed where the profits are generated.

Transfer pricing is causing huge problems in Africa.

Developing countries can make great strides towards more progressive and effective taxation and spending through action within their own borders. But the damage caused by exemptions, loopholes, and tax havens requires action beyond national borders - it requires international action and cooperation.

Developers play one of us off the other, forcing us to reduce our taxes to attract their development. Everyone is being forced to reduce their tax level to a point where it's not economical.

Well, here you had a city that was selling more cars than ever before, that had this wondrous music being created, that was so vital to the labor and civil rights of this country, and yet it was dying and didn't see it, except for some sociologist at Wayne State University who predicted that Detroit was losing population by a half-million by the end of that '60s decade, and that that trend would continue taking away its tax base.

Global governments should start seriously talking about the creation of a World Tax Authority with the mission to ensure that tax systems will deliver for the public interests in all countries.

Transparency and effective tax co-operation must be shared principles applied by all. Until they are, nations will need to protect themselves against loss of revenues to tax havens.