UN Leadership Necessary for Fairer Tax Cooperation

By Anis Chowdhury and Jomo Kwame SundaramSYDNEY and KUALA LUMPUR, Apr 1 2021 (IPS)
Illicit financial flows (IFFs) hurt all countries, both developed and developing. But poor countries suffer relatively more, accounting for nearly half the loss of world tax revenue.
IFFs refer to cross-border movements of money and other financial assets obtained illegally at source, e.g., by corruption,…