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Joined 2 years ago
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Cake day: May 31st, 2024

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  • Yup, tax avoidance seems to be orders of magnitude than anything in this infographic

    This State of Tax Justice 2025 report shows that over the six year period for which data is available, US-headquartered multinational corporations cost countries around the world US$495 billion in lost corporate tax – some 29% of the global total of US$1.7 trillion lost to global corporate tax abuse. The United States itself is the biggest loser to global corporate tax abuse, losing $US271 billion to its own multinationals.