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The Global Cost Of Tax Avoidance
Saturday, March 25, 2017 18:25
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from Statista.com
– this post authored by Niall McCarthy
Every year, the world’s economies lose billions of dollars to tax avoidance. Estimates of the sheer scale of the losses fluctuate wildly with the IMF reporting that around $600 billion is lost due to profit shifting every year. A new paper published by UNU-WIDER took a closer look at the issue at country level, finding that the United States loses the highest amount in absolute terms by far.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201703251951
