Interesting Fact # 1137 - Tax
According to the Global Financial Integrity organisation, developing countries lose $900 billion through tax evasion.
(The World Bank´s Stolen Asset Recovery initiative estimates the cross-border flow of proceeds from criminal activities, corruption and tax evasion at between $1 trillion and $1.6 trillion per year, about half of which come from developing and transitional economies. Where it all goes is a taxing question.)
(The World Bank´s Stolen Asset Recovery initiative estimates the cross-border flow of proceeds from criminal activities, corruption and tax evasion at between $1 trillion and $1.6 trillion per year, about half of which come from developing and transitional economies. Where it all goes is a taxing question.)
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