Share

The Tax Justice Network: $427bn lost globally to tax havens yearly

The Tax Justice Network says countries around the world are losing a total of over $427 billion in tax yearly to international corporate tax abuse and private tax evasion. In its 2020 report on the state of tax, the network said African economies lose $25.7 billion yearly to global tax abuse. Chenai Mukumba, Policy Research and Advocacy Manager at Tax Justice Network Africa joins CNBC Africa for more.

Fri, 20 Nov 2020 14:28:29 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.