Starbucks’ Swiss Scheme: ‘Fair’ Trading or Global Tax Dodge?

A new report from CICTAR alleges that hidden behind its ‘ethical’ sourcing of coffee beans, Starbucks engages in major global tax avoidance. The report estimates that at least $1.3 billion has been diverted via Starbucks’ Swiss subsidiary over the last decade.

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This Journal article from The Lancet outlines how real estate investment trusts (REITs) have emerged as a form of rent-seeking financial ownership of health-care facilities and health-care providers. Given the rise of REITs in health care and their expanding global influence, policy makers should take a proactive stance towards regulating health-care REITs to disincentivise short-term profiteering and encourage long-term health-care investments that promote patient access and health-care quality.