The latest annual report from the Tax Justice Network, points out that here in the UK if we are interested in stopping the tax losses experienced by poorer states at the hands of the rich & global corporations, we should put our own house (and that of our 'second empire') in order first!
The UK & its dependencies account for over a quarter of all countries’ tax losses (26%), costing countries US$129 billion a year!
#tax #GlobalPolitics #TaxJusticeNetwork
https://taxjustice.net/press/world-losing-half-a-trillion-to-tax-abuse-largely-due-to-8-countries-blocking-un-tax-reform-annual-report-finds/
The UK & its dependencies account for over a quarter of all countries’ tax losses (26%), costing countries US$129 billion a year!
#tax #GlobalPolitics #TaxJusticeNetwork
https://taxjustice.net/press/world-losing-half-a-trillion-to-tax-abuse-largely-due-to-8-countries-blocking-un-tax-reform-annual-report-finds/
World losing half a trillion to tax abuse, largely due to 8 countries blocking UN tax reform, annual report finds - Tax Justice Network
Nearly half the tax losses countries suffer are enabled by the eight countries that remain opposed to a UN tax convention.Tax Justice Network