$1 trillion in the shade – the annual profits multinational corporations shift to tax havens continues to climb and climb
- Written by Ludvig Wier, External Lecturer of Economics, University of Copenhagen
Looks like paradise – especially if you're a multinational corporation in need of a tax haven.
LeoPatrizi/E+ via Getty Images
CC BY-NC-NDAbout a decade ago, the world’s biggest economies agreed to crack down on multinational corporations’ abusive use of tax havens. This resulted in a 15-point action plan that aimed to curb...