The Cost of Tax Abuse, 2011

A briefing paper on the cost of tax evasion worldwide, 2011.

Cost of Tax Abuse TJN 2011

Highlights:

• Total tax evasion in excess of US$3.1 trillion, or 5.1% of global GDP, is due to activity in the shadow economy.
• Only a minority part of this is due to tax havens.
• Total healthcare spending worldwide amounted to $5.7 trillion. Tax evasion cost, on average, 54.9% of healthcare spending.
• The unweighted average rate of tax evasion to healthcare spending is 110%.

Read the paper here. We are republishing it today, so as to add it to our reports page.