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The List-2019. TAX FRIENDLY, UNFRIENDLY STATES
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<blockquote data-quote="rickyb" data-source="post: 4221719" data-attributes="member: 56035"><p><a href="https://missingprofits.world/" target="_blank">Frontpage - Economists without borders</a></p><p></p><p><span style="font-size: 22px"><strong>40% of multinational profits are shifted to tax havens each year</strong></span></p><p><span style="font-size: 22px"></span></p><p> <span style="font-size: 22px"></span></p><p>Researchers from the University of California, Berkeley and the University of Copenhagen estimate that close to 40% of multinational profits (more than $650 billion in 2016) are shifted to tax havens each year. This shifting reduces corporate income tax revenue by nearly $200 billion, or 10% of global corporate tax receipts.</p></blockquote><p></p>
[QUOTE="rickyb, post: 4221719, member: 56035"] [URL="https://missingprofits.world/"]Frontpage - Economists without borders[/URL] [SIZE=6][B]40% of multinational profits are shifted to tax havens each year[/B] [B][/B] [B] [/B][/SIZE] Researchers from the University of California, Berkeley and the University of Copenhagen estimate that close to 40% of multinational profits (more than $650 billion in 2016) are shifted to tax havens each year. This shifting reduces corporate income tax revenue by nearly $200 billion, or 10% of global corporate tax receipts. [/QUOTE]
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