this post was submitted on 10 Dec 2024
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World losing half a trillion to tax abuse, largely due to 8 countries blocking UN tax reform, annual report finds (taxjustice.net)
submitted 7 months ago by PlasticLove@lemmy.today to c/world@quokk.au
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Multinational corporations cheated more after getting tax cuts, largest inadvertent real-world testing of corporate tax policies reveals

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[–] s3p5r@lemm.ee 20 points 7 months ago

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 16 points 7 months ago (2 children)

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

Surprise surprise.

[–] CosmicTurtle0@lemmy.dbzer0.com 6 points 7 months ago

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