Companies were able to lower their rates in part by stashing $1.6 trillion offshore and relying
on a massive network of 1751 subsidiaries in tax havens. This marks a $200 billion increase
in funds stashed offshore and 143 additional subsidiaries in tax havens disclosed by these
companies since Oxfam’s 2016 report.
So, the stashing is $200 billion a year.
Rigged tax rules cost Americans approximately $135 billion each year in corporate tax
dodging and sap an estimated $100 billion every year from poor countries.
$200 billon in stashing a year causes $235 billion of tax revenue losses each year.
They’re not even reading their own shit, are they?