Taxing times

Tax evasion, by both individuals and corporations, is the story of the moment, and it’s a global one. In Australia, the Tax Justice Network estimates corporate tax avoidance (we’ll come on to the evasion/avoidance distinction shortly) by the top 200 companies at Aus$8.4bn, prompting a Senate inquiry. The same thing is happening in China, especially as regards the tax location of multinationals. Meanwhile, in Greece, clamping down on tax avoidance and evasion is a core plank of the new Syriza g