World losing half a trillion to tax abuse, largely due to [Australia and 7 other] countries blocking UN tax reform, annual report finds
World losing half a trillion to tax abuse, largely due to [Australia and 7 other] countries blocking UN tax reform, annual report finds
Multinational corporations cheated more after getting tax cuts, largest inadvertent real-world testing of corporate tax policies reveals Countries are losing US$492 billion in tax a year to multinational corporations and wealthy individuals using tax havens to underpay tax. Nearly half the losses (4...
cross-posted from: https://lemmy.today/post/20289457
World losing half a trillion to tax abuse, largely due to 8 countries blocking UN tax reform, annual report finds
Multinational corporations cheated more after getting tax cuts, largest inadvertent real-world testing of corporate tax policies reveals
The other 7 are Canada, Israel, Japan, New Zealand, South Korea, UK, and US. Not enormously surprising, except perhaps Japan and Korea, and the absence of countries like Ireland, Netherlands, and Singapore.