A protest against tax evasion in Iceland in 2016 following leaked tax documents known as the Panama Papers. Photo: Reuters
Opinion
Opinion
Wayne Swan
Global tax evasion is a penalty on health care, education, climate change and more. The world cannot afford it
Hong Kong remains a major tax haven, while Britain, Japan and the US continue to show a real unwillingness to fight financial opacity. The world is losing tax revenues when it needs more money to fight epidemics such as Covid-19 and climate change
Wayne Swan is the former treasurer and deputy prime minister of Australia and a member of the Independent Commission for the Reform of International Corporate Taxation (ICRICT).