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misk@piefed.social to World News@quokk.auEnglish · 19 hours ago

This is how Colombia’s super-rich evade, avoid and pay less taxes than the poor

english.elpais.com

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This is how Colombia’s super-rich evade, avoid and pay less taxes than the poor

english.elpais.com

misk@piefed.social to World News@quokk.auEnglish · 19 hours ago
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Some 40% of the country’s wealthiest 0.01% have admitted to evading taxes. To pay less, they hide their money in tax havens and create companies or trusts that make it difficult to track their assets. Each year, tax evasion in Colombia amounts to 8% of GDP, or more than $130 billion
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