$1 trillion in unpaid corporate taxes sparks UN tussle ...Middle East

The Hill - Technology
$1 trillion in unpaid corporate taxes sparks UN tussle
source : The Hill ( Middle East ) () 34
The IRS is cracking down on domestic tax evasion by going after wealthy individuals and complex private partnerships, but some of the biggest tax evaders — U.S. multinational corporations — are still exploiting legal gray areas to stash money overseas and keep it out of the government’s reach. Fed up with a stalled international effort at the Organization for Economic Cooperation and Development (OECD) to rein in the use of tax havens and put a global corporate minimum tax into force, African countries at the United Nations are now leading a charge for greater transparency and fairness in international tax. $1 trillion a year lost to tax havens In 2022, profits stowed in tax have

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