AccountantsWorld Daily News Tax Dodgersâ âPhantomâ Cash Makes Up 40% of Foreign Investment
(Accounting Today) - Almost 40 percent â or some $15 trillion â of the worldâs foreign direct investment is âphantom capitalâ designed to minimize the tax bills of multinational firms, according to a study published by the International Monetary Fund.
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Tax Dodgersâ âPhantomâ Cash Makes Up 40% of Foreign Investment Accounting/Audit
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