New figures on tax haven – Switzerland is losing 5.7 billion every year through tax evasion

For the first time, the OECD breaks down tax evasion by country. The result: Switzerland is not just a tax haven.

Cayman Islands: Popular tax haven.

Photo: Alami Stock Photo

74,699 nurses. Switzerland could also lay off so many employees in hospitals, nursing homes and Spitex if it did not fall prey to companies and individuals who evade tax. This has been calculated by the Tax Justice Network, a non-governmental organization that campaigns against tax fraud and evasion around the world.

I am Bericht «Tax Tax of the State 2020» The organization neatly lists which countries are reaping the benefits and losses through legal and illegal tax evasion. The Organization for Economic Co-operation and Development (OECD) provided the basis for this. It’s in july 2020 Corporate tax evasion by country for the first time. Until now, powerful organizations for which 37 developed countries such as the US, Germany and Switzerland had refused to do so.

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About the Author: Forrest Morton

Organizer. Zombie aficionado. Wannabe reader. Passionate writer. Twitter lover. Music scholar. Web expert.

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