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Fake Foreign Investment—$15 Trillion Worth
09-14-2019, 05:01 PM,
#1
Fake Foreign Investment—$15 Trillion Worth
Fake Foreign Investment—$15 Trillion Worth

A new study published by the International Monetary Fund has found that $15 trillion of the world’s foreign direct investments are “phantom capital” – a term used to describe capital that is designed to minimize tax bills of multinational firms.  This total makes up 40% of the world’s foreign direct investments, and is the equivalent […]


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