Click me
Transcript

The Shadow Economy

THE SHADOW ECONOMY M= POPULATION GROSS = DOMESTIC Tax evasion is the illegal non-payment of tax to the government of a jurisdiction to which it is owed by a person, company, trust or other organisation who should be a taxpayer in that place. M 62,300,000 PRODUCT 2,246,079 m 280,760 m - SHADOW "ECONOMY M 46,162,024 1,407,405 m A 316,666 m millions of Presented here are the ten countries with the largest shadow economies. The large central percentages represent the shadow economies as a proportion of the country's GDP. US$ SPAIN U.K. BRAZIL M 190,755,799 O 2,087,890 m A 814,277 m ITALY Mt 60,705,991 - 12.5% 22.5% 2,051,412 m 553,881 m 27% 39% t 1,339,724,852 5,878,629 m 746,586 m RUSSIA M 142,914,136 ,1,479,819 m 648,161 m 43.8% 12.7% CHINA M 312,582,000 U.S. 8.6% 39% 14,582,400 m 1,254,086 m . GERMANY 11% 15% TOTAL TAX LOST DUE TO M 81,724,000 3,309,669 m 529,547 m THE SHADOW ECONOMY U.S. - 337,349 m BRAZIL - 280,111 m ITALY - 238,723 m RUSSIA - 221,023 m GERMANY - 214,996 m FRANCE - 171,264 m JAPAN - 171,264 m CHINA - 134,385 m M 127,720,000 O 5,497,813 m å 604,759 m JAPAN M 65,821,885 E 2,560,002 m A 384,000 m FRANCE U.K. - 109,216 m SPAIN - 107,350 m Source: http://www.tackletaxhavens.com/Cost_of_Tax Abuse_TJN%20Research_23rd_Nov_2011.pdf

The Shadow Economy

shared by davidmatton on Apr 19
1,818 views
7 shares
0 comments
Every year billions of dollars of taxes are lost due to unreported earnings and tax evasion. Shown here are the countries with the largest shadow economies.

Category

Economy
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size