this post was submitted on 10 Dec 2024
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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

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[–] [email protected] 5 points 1 month ago

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.