The State of Tax Justice 2025
A report by the Tax Justice Network reveals that US-headquartered multinational corporations are responsible for $495 billion in lost corporate tax worldwide over a six-year period.
This accounts for 29% of the global total of $1.7 trillion lost to corporate tax abuse.
- The United States is the biggest loser, with $271 billion lost to its own multinationals.
- Over a quarter of the $1.7 trillion corporate tax loss could have been prevented with public country-by-country reporting.
The report highlights the significant impact of corporate tax abuse on countries around the world.
Author's summary: Tax abuse costs countries $1.7 trillion.