For those who wonder why such a fuss is made about illicit financial flows in the form of tax abuse, here is the reason – countries around the world are losing US$492-billion in tax a year because multinational corporations and wealthy individuals are able to use tax havens to avoid or underpay tax. Nearly half Read more >
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CORRUPTION NEWS
Image: Flickr/Ryan Morrison Just weeks ago we reported on moves by UN member countries to begin the development of a UN tax convention under resolution 78/230. This would shift the responsibility for setting global tax rules from the OECD to the UN, a move which is expected to help to cut down on global tax Read more >