tax evasion

Top Ten Tax Evaders – Graphic of the Day

The European Commission wants to help member states get tough on tax evasion, customs enforcement and border protection, through a program which the EU’s tax commissioner said would save millions of euros. By comparing a World Bank report to a Heritage Foundation report, British accountant Richard Murphy estimates global tax evasion at 5% of the global economy. He found the following ten countries to have the largest absolute levels of evasion.