https://taxjustice.net/reports/the-state-of-tax-justice-2024/
Countries are losing US$492 billion in tax a year to multinational corporations and wealthy individuals using tax havens to underpay tax, the 2024 edition of the Tax Justice Network’s State of Tax Justice finds. Nearly half the losses (43%) are enabled by the eight countries that remain, as of writing, opposed to a UN tax convention: Australia, Canada, Israel, Japan, New Zealand, South Korea, the UK and the US.
A woman hiking in the Italian Alps discovered a fragment of a 280 million-year-old ecosystem, complete with footprints, plant fossils and even the imprints of raindrops, researchers have confirmed.
Almost half of these losses come from eight countries that oppose the adoption of a tax treaty under the aegis of the UN: Australia, Canada, Israel, Japan, New Zealand, South Korea, the United Kingdom and the United States, says the report. These “harmful eight,” according to the Tax Justice Network, cost the world $212bn in lost tax revenue every year.