Will Panama Papers shock world into tracking tax dodgers?
The world is reeling from the international tax scandal revealed in the Panama Papers. The Prime Minister of Iceland has already stood down after his financial dealings were exposed. Internationally tax avoidance is estimated at being worth US $240 billion every year, and it could be higher. Australia is estimated to be missing out on around US $1.5 billion. So what does that mean for tracking tax dodgers in the international community?
Story features Professor John Taylor, Head of School at the School of Taxation & Business Law UNSW
Image: evasion by Marc Hatot
