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“This is quite a big increase in their tax burden, so they are very vocal about this. They’re very active on social media, and it’s a very international community,” Wouter Leenders.

At the European Tax Observatory launched by economist Gabriel Zucman, models predicted a yield of up to €4 billion. Based on this estimate, the economist advocated a minimum rate of 25%.

A survey by the independent EU Tax Observatory showed that more than 70 per cent of crypto investors do not currently declare their income, confirming that without coordinated regulation and data sharing, realistic compliance with tax rules is difficult to expect.

Pierre Bachas — It is difficult to obtain reliable figures on global tax evasion. Tax optimisation of corporate profits amounts to between 200 and 300 billion dollars each year in terms of lost tax revenue and has changed little in recent years.

Brazil attracts special attention from researchers, as it has one of the most unequal tax systems, ‘if not the most unequal among the major economies,’ according to Zucman.

Good news is few and far between, so when it comes along, we should make the most of it! The EU Tax Observatory, recently renamed the International Tax Observatory, has just held a two-day conference on the evaluation of the automatic exchange of tax information.

Max 300 caractères.

"A tax reform such as the Zucman rate could, in principle, mean that people with assets exceeding €100 million would contribute 2% or 3% of their wealth, which would serve to finance this benefit."

The exploding wealth of the richest people not only exacerbates the problem of inequality, says the French economist. It also threatens democracy – as in the United States.

The ITO is an extension of the EU Tax Observatory (EUTO), created in 2021 to produce independent reports for the European Union on topics such as wealth concentration, tax evasion, and taxation of the ultra-rich.