Coronavirus Latest News
Almost $500bn ‘lost to tax abuse by firms and super-rich in 2021’
Figure would be enough to fully vaccinate global population against Covid three times over, report says
Countries are losing almost half a trillion dollars through tax abuse by multinationals and the super-rich, enough to fully vaccinate the global population against Covid-19 three times over, a report has said.
Research by tax campaigners found that estimated losses had risen from $427bn last year to $483bn (£359bn) in 2021, with the UK alone responsible for almost 40% of the total.
Read the original article at The Guardian