40% of multinational profits are shifted to tax havens each year
https://missingprofits.world
Researchers from the University of California, Berkeley and the University of Copenhagen estimate that close to 40% of multinational profits (more than $650 billion in 2016) are shifted to tax havens each year. This shifting reduces corporate income tax revenue by nearly $200 billion, or 10% of global corporate tax receipts.
Explore the map to see how much profit and tax revenue your country loses (or attracts) in this game for profits. The tax havens can be hard to find, but you can zoom in by pressing the full-screen button.
