Global tax avoidance costs countries $427B each year: Report

Taxpayers around the world lose at least $427 billion each year to individual tax evasion and multinational corporate profit-shifting, which undercuts public funding for a COVID-19 response, according to a new report.

Original Article Posted at : https://www.accountingtoday.com/news/global-tax-avoidance-costs-countries-427b-each-year-says-report