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British offshore jurisdictions linked to €8 billion in EU tax losses: who loses the most

The Tax Justice Network has for the first time estimated the contribution of the British offshore network to the EU's losses from profit shifting: around €8 billion a year, or 13.6% of the bloc's total losses of €59.3 billion. France and Germany lose the most; the UK and its jurisdictions account for a third of the global risk of corporate tax avoidance.

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