New Global Estimates on Profits in Tax Havens Suggest the Tax Loss Continues to rise

New Global Estimates on Profits in Tax Havens Suggest the Tax Loss Continues to rise

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Yves here. Gabriel Zucman came to prominence with his study on tax havens that became the book The Hidden Wealth of Nations. Zucman concluded that 8% of global wealth was held in tax havens, and 6%, meaning 75% of the 8%, was in fact shielded from the tax man. Most people think of tax havens as…

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