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Nick Shaxson ■ The Cost of Tax Abuse, 2011

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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.

 

 

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