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Ludvig Wier Profile picture
Ludvig Wier
@LudvigWier
Director at the Danish Ministry of Foreign Affairs - views are my own // Previously at @UCBerkeley & @Finansmin // PhD in Econ @uni_copenhagen
Nov 3, 2022 • 9 tweets • 7 min read
How has global profit shifting to tax havens evolved from 1975-2019?💸

Me & @gabriel_zucman investigate this in a new WP. go.unu.edu/W1Zcf

Key finding: profit shifting has increased relentlessly. In 2019, nearly $1Tn. was shifted to havens. (1/9)👇 Image This study provides the first comprehensive look at the historical dynamics of profit shifting, and it reveals that several years after major policy initiatives from the OECD and US TCJA, global shifting continus to increase. (2/9) Image
Jul 23, 2022 • 13 tweets • 8 min read
Can't believe this paper is finally out!😍 It has been six years in the works - almost spanning my entire career😅 Phew.

What did we do? Why did it take so long? And is it worth the read? 🙏A personal (long) thread below👇🧵 1/10
So - it all began six years ago when I sat in Gabriels office at Berkeley.

I was showing him some mind boggling data on tax enforcement in Denmark that me and @TTorslov had stumpled upon (we ended up writing another paper on that topic - but that's another story..) 2/10