News

Top ten countries revealed for chasing tax dodgers
04 November 2015

Last year, the Organisation for Economic Co-operation and Development (OECD) co-ordinated an agreement to automatically swap tax information with finance ministers from 51 countries.

At the time, Chancellor George Osborne said that tax evasion was “not just illegal, it is immoral” and that because a tax evader was robbing their fellow citizens, they should be treated like “a common thief”.

A recent survey by contractor management firm CXC Global identified the ten most aggressive countries of the 51 that signed up to the OECD agreement in terms of their pursuit of avoiders.

The survey, based on information from offices across the CXC network, shows that the top ten countries chasing tax dodgers are:

1. Spain
2. Argentina
3. Germany
4. Brazil
5. Russia
6. UK
7. Australia
8. Canada
9. Indonesia
10. New Zealand

Managing Director of CXC Global, Michelle Reilly said: “Perhaps in the past many governments didn’t put enough of a priority on tackling tax evasion, but as more and more look to gain extra revenue, we’re seeing an increased focus on preventing these offences. There are very few ‘safe’ places left for tax evaders and the authorities’ grip is only going to tighten.”

Link: Organisation for Economic Co-operation and Development (OECD)