Negócios das multinacionais prejudicam mais do que a corrupção e crime organizado
Multinational businesses do more harm than corruption and organized crime
The commercial activities of large multinationals are by far more catastrophic for the accounts of African states than corruption and organized crime.
In a recent publication, the Center for Democracy and Human Rights (CDD) states that, on average, illicit financial flows in multinationals' businesses are responsible for losses of up to 65%.
These companies "take advantage of sophisticated practices to hide profits and evade taxes".
"In comparison, criminal activities, including drug trafficking and other financial crimes, account for 30%, while corruption in the public sector accounts for only 5%," says the analysis.
With this in mind, the CDD is proposing a more heated public debate on the activities of multinationals in Mozambique which, like corruption, involve politically exposed people. It is enough to note that the Mozambican state loses 6.97 billion meticais every year due to multinationals transferring their profits to tax havens, underestimating the real profits made in the country and thus paying less tax than they should. Read more...
Comments
Post a Comment