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Offshore Tax Haven Abuse by the Numbers: Fact Sheet

by Financial Accountability and Corporate Transparency(FACT)
Published by : Financial Accountability and Corporate Transparency(FACT) (Washington ) Physical details: 1p.
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This is a factsheet by FACT which reveals figures of losses incurred through illicit financial flows. It reveals that up to $180 billion is lost in tax revenue to offshore tax haven abuse each year, $111 billion lost revenue from profit shifting by multinational corporations annually and $40-70 billion lost revenue to tax evasion by wealthy individuals annually among others.

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