Trapped in Illicit Finance: How abusive tax and trade practices harm human rights
October 1st, 2019
New report Trapped in Illicit Finance: How abusive tax and trade practices harm human rights – by FTC members Christian Aid, Centre for Budget and Governance Accountability and Fundación SES – demands that the ‘legalistic’ definition of illicit financial flows goes beyond only illegal flows of money. The report estimates that developing nations lose $416 billion a year in public revenues.