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How to Catch a Tax Cheat (Tax Fraud)

Published By: SAS
Published:  Apr 25, 2017
Length:  10 pages

Tax evasion is the largest economic crime in the world (in terms of monetary loss), costing trillions of dollars to governments around the globe. A 2011 study by The Tax Justice Network estimates that on a global scale, total tax evasion is in excess of US$3.1 trillion, or about 5.1% of world GDP.1 And thatís just the known tax evasion and noncompliance; it doesnít include the underground economy and cash businesses.