Tax dodging by EU-based multinationals is costing developing countries billions in lost revenue.
A report out on Monday (16 December) by the Brussels-based development NGO Eurodad, says developing countries lose out between €660 and €870 billion each year mainly in the form of tax evasion by multinational corporations.
“For developing countries, tax dodging is especially devastating, with more money leaving their economies than what they receive in aid,” Tove Maria Ryding, tax co...
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Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.