Global tax system ‘programmed to fail,’ says new report on revenue losses ...Middle East

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Global tax system ‘programmed to fail,’ says new report on revenue losses
Countries lose more than $427 billion in revenue each year from tax dodging by companies and wealthy individuals, according to groundbreaking new research by the Tax Justice Network. The nonprofit published the “State of Tax Justice” report on Friday and estimates that global tax losses could pay for the salaries of almost 34 million nurses around the world. The United States, itself a tax haven that strips money from other countries, lost enough revenue from its own residents and corporations to pay for the salaries of more than 1.1 million nurses paid an average U.S. salary, TJN Found. “A global tax system that loses over $427 billion a year is not a broken system, it’s a system programmed

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