Multinational corporations cheated more after getting tax cuts, largest inadvertent real-world testing of corporate tax policies reveals Countries are losing US$492 billion in tax a year to multinational corporations and wealthy individuals using tax havens to underpay tax. Nearly half the losses (43%) are enabled by the eight countries that remain opposed to a UN … Continue reading World losing half a trillion to tax abuse, largely due to 8 countries blocking UN tax reform, annual report finds