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Global billionaire tax could yield US$250 billion, EU researchers say

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Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise US$250 billion annually, the EU Tax Observatory said on Monday. If levied, the sum would be equivalent to only 2 per cent of the nearly US$13 trillion…

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Click here to read the full story: South China Morning Post

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