World losing half a trillion to tax abuse, largely due to 8 countries blocking UN tax reform, annual report finds

Multinational corporations cheated more after getting tax cuts, largest inadvertent real-world testing of corporate tax policies reveals

105 points · 4 comments · view on lemmy.world

4 Comments

s3p5r@lemm.ee · 19 pts · 1y

Votes for draft terms of reference for the UN tax convention on 16 August 2024:

for: 110 countries
abstain: 44 countries
against: Australia, Canada, Israel, Japan, New Zealand, South Korea, the UK and the US

The whole article is worth reading though, it has lots of interesting statistics.

OutForARip@lemmy.ca · 15 pts · 1y (2 replies)

Australia, Canada, Israel, Japan, New Zealand, South Korea, the UK and the US

Surprise surprise.

I'm kind of surprised that Ireland and the Netherlands aren't there. Is the Double Irish Dutch Sandwich not a thing anymore?