Evading Tax Evasion

Tax evasion is usually confronted with audits and harsh sanctions. But, as the rising tide of tax evasion suggests – the “black” economy has, by some estimates, reached 10% of GDP in advanced countries and can top 70% in developing countries – it is time to try new approaches.

ALESSANDRIA, ITALY – Tax evasion is a global scourge. The “black” economy has, by some estimates, reached 10% of GDP in advanced countries and can top 70% in developing countries. And it is getting worse.

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