Taxes

Tax havens cost governments $200 billion a year. It’s time to change the way global tax works

corporate tax profits tax havens

Some 40% of multinational profits are shifted to tax havens Image: NASA/JPL/NIMA

Ludvig Wier
Postdoctoral researcher, UC Berkeley
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Foreign firms are systemically more profitable in tax havens than local firms
Foreign firms are systemically more profitable in tax havens than local firms
Which countries lose the most corporate tax revenue because of tax havens?
Which countries lose the most corporate tax revenue because of tax havens? Image: The Missing Profits of Nations
An estimated 98% of profits shifted to tax havens are shifted by the 10% largest multinational firms
An estimated 98% of profits shifted to tax havens are shifted by the 10% largest multinational firms
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TaxesFinancial and Monetary SystemsCorporate Governance
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