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3 years ago

Crunched: philanthropy versus tax avoidance

Financial Times
Financial Times
In a new series looking at numbers behind the news, FT statistics journalist Federica Cocco and data journalist John Burn-Murdoch investigate whether companies are hiding behind philanthropic giving while avoiding tax

Rutger Bregman’s comments at Davos:

Total corporate tax avoidance across the world is around $500bn annually

Evasion in the EU alone is at least €750bn according to new research from Richard Murphy of Tax Research

HMRC puts the total tax gap at £33bn

Amazon taxes and profits:
Bezos Day One Fund

Microsoft offshore profit shifting - Senate report
New York Times investigation into companies holding money offshore
Bill & Melinda Gates Foundation donations

Charitable giving: which causes get funding?