The EU Tax Observatory has published its Global Tax Evasion Report 2024. The Tax Observatory was launched by the European Commission in June 2021 to support the fight against tax abuse. The purpose of the report and the main findings and proposals are summarized in the executive summary as follows: --- Executive summary Over the last 10 years, governments have launched major initiatives to reduce international tax evasion. These efforts include the creation of a new form of international cooperation long deemed utopian – an automatic, multilateral exchange of bank information in force since 2017 and applied by more than...