According to the Tax Justice Network’s 2021 report, OECD countries foster 78% of the annual tax evasion by multinational corporations and wealthy individuals, that being $378 billion of a total of $483 billion in uncollected taxes.
“The UK is by far the world’s greatest enabler of global tax abuse, which it facilitates through a network made up of British Overseas Territories like the Cayman Islands, Crown Dependencies like Jersey and the City of London,” indicate the authors of...