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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