OrbitaxUN Research Paper Shows Profit Shifting in Recent Years has Remained Constant Despite Major International Efforts
|Approved Changes|United Nations
The United Nations University World Institute for Development Economics Research (UNU-WIDER) has issued a release announcing the publication of a new research paper showing the first global estimates of profits shifted to tax havens between 1975-2019. The paper shows that profit shifting to tax havens has increased from less than 2% of multination profits in the 70s to nearly 40% in 2019. The …
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