LSE
•84% Informative
The top 1% of American earners fail to report about 21% of their incomes to the US ’s Internal Revenue Service .
These superhigh-income taxpayers are much more sophisticated at evasion than the other 99% of earners.
The IRS estimates that $ 1 out of every $ 6 of taxes that should be paid, is not paid.
OECD has set up transparency standards whereby countries exchange information on financial accounts held offshore by their residents.
Dr Reck says the UK has the same problem with sophisticated tax avoidance more broadly.
There’s a lot of 'grey area' tax avoidance strategies which definitely skirt the spirit of the law.
As in the US , the problem with fighting this kind of thing is that.
VR Score
86
Informative language
85
Neutral language
61
Article tone
semi-formal
Language
English
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51
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
medium-lived
External references
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Source diversity
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