ABF’s misleading statements

I try to use this blog to stimulate debate, rather than just pumping out propaganda. I particularly enjoyed the debates that the Starbucks case provoked, with Ben Saunders‘ investigation involving more twists than The Killing.

But today I’m quite annoyed, so this is probably a slightly more partisan post than normal. Day 2 of the Associated British Foods versus ActionAid story has been the “ABF denies” stories, which is natural. But what has annoyed me is that ABF’s statements are so selective and misleading, and that the journalists who’ve written them up don’t seem to have examined them critically at all. I was especially surprised by the piece in Tax Journal, because I’d expect the industry press to scrutinise both sides’ claims extensively.

In most cases, ABF either mischaracterises ActionAid’s argument, or makes points it already made in the correspondence [pdf] between the two organisations, and which are addressed directly in the report [pdf]. This is why it’s so frustrating to see the ABF line appearing as the last word in these stories.

So, below I’ve been through all the new ABF statements I’ve found since the ActionAid report was published, and explained why I don’t think they discredit the original report. I believe this is known in the blogosphere as “fisking“.

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Do tax treaties increase foreign investment in developing countries?

Ghana also uses Double Taxation Agreements (DTA) to rationalise tax obligations of investors who come from global tax sourced jurisdictions with a view to saving the investors the incidence of double taxation.

Ghana Investment Promotion Centre

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