In the media
UNU-WIDER research on global profit shifting gains media attention
The working paper provides the first comprehensive look at the historical dynamics of profit shifting. The results reveal that several years after major policy initiatives from the OECD and corporate tax reform in the United States, global profit shifting continued to increase, with close to USD 1 trillion shifted to tax havens in 2019. Globally, 10% of corporate tax revenues are lost as a result.
The results of the study have been mentioned in over 10 different media outlets or blogs from at least 5 different countries. These include articles published by the International Tax Review, Tax Justice Network, and the development blog of the Finnish Foreign Ministry Kehitys-Salminen.