Tax haven link to rainforest destruction and illegal fishing - VeggieBoards
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#1 Old 08-24-2018, 12:55 PM
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Tax haven link to rainforest destruction and illegal fishing

Tax haven link to rainforest destruction and illegal fishing

Deforestation in the Amazon and widespread illegal fishing have both been linked to tax havens, according to a new study.

Some 68% of the investments tracked in the Amazon came from companies based in countries where no tax is paid.
When it comes to illegal fishing, around 70% of known vessels are registered in tax havens.

Tax avoidance schemes say the authors, are essentially subsidising the destruction of the environment.
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