Jersey hits back over claims it 'causes $8bn worth of tax losses'

Pedro Gonçalves
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Jersey hits back over claims it 'causes $8bn worth of tax losses'

The Tax Justice Network's Corporate Tax Haven Index 2019 estimates Jersey is responsible for the loss of almost $8bn of tax revenues in other countries. The report claims Jersey ranks as the 15th jurisdiction most responsible for "global tax losses", accounting for 1.85% of the $427bn that is lost to tax havens worldwide. Jersey is accused of "inflicting" $7.9bn of tax losses on other countries - $4.5bn through ‘corporate tax abuse' and $3.4bn through enabling "private tax evasion" for ...

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