TNPSC Thervupettagam

The State of Tax Justice 2020

December 12 , 2020 1254 days 766 0
  • It is a first-of-its-kind annual report by the Tax Justice Network.
  • It reveals for how much tax each country in the world loses to international corporate tax abuse and private tax evasion.
  • It was prepared under the base erosion and profit shifting (BEPS) project led by the Organisation for Economic Co-operation and Development
  • It found countries are losing over $427bn in tax each year.
  • USA is topped this list
  • It is followed by UK, Germany, France and Brazil
  • India is losing 70000 crores in taxes to other countries.

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