Ask Andy: What is profit shifting?
Media playback is unsupported on your device

Ask Andy: What is 'profit shifting'?

With the publication of the Panama papers there's been a lot of attention on the financial affairs of some of the world's richest and most powerful people.

Among the revelations was evidence of complicated tax techniques. We set our regular challenge to the BBC's Economics correspondent Andy Verity.

Can he explain the term "profit shifting" as quickly as possible?

  • 15 Apr 2016
Go to next video: Ask Andy: What are 'dark pools'?