UK Second Best At Tax Avoidance
Here’s something we’re nearly world-beating at – facilitating tax avoidance. The Cayman Islands beat us into No.2 with estimates from the recent State of Tax Justice 2020 report saying that, in an average year, $70.4 billion tax revenues is lost around the world due to the Caymans’ facilitation of corporate tax abuse and private tax evasion. …
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