Menu

No Easy Task: Quantifying Illicit Financial Flows

December 14th, 2016

Illicit financial flows are constantly in flux, and our understanding of them keeps evolving. Estimating just how much money is lost through corruption, tax evasion, money laundering, and tax avoidance can be a difficult task. But understanding what estimates are out there, and what they mean, shouldn’t be.

This is why we’re launching No Easy Task: Quantifying Illicit Financial Flows, an infographic that presents the most compelling efforts to measure illicit flows in one easy to follow visual. The researchers estimate different aspects of illicit flows using different methods, but they share the same conclusion: financial secrecy has turned illicit flows into a thriving business.

View the infographic below, or download it by clicking here.

ftc_infographic_20161212_final

The diverted profits tax, known as the “Google tax,” will stop MNCs from profit shifting in Australia. https://t.co/1UCGEsDiDF
- Thursday Jan 19 - 7:52pm

Follow @FinTrCo