The analytical companies Boston Consulting Group considers that 10-13% percent of global GDP are hidden in offshores, UP reports quoting BBC.
According to Boston Consulting Group, the amounts of funds in offshores for 10 years increased almost twice – from $6 trillion in 2006 to $10 trillion in 2016.
If we take into account not only financial assets, but also other valuables, put in offshores – yachts, real state and art objects – then, according to the estimates of Tax Justice Network, in 2010 this amount reached $32 trillion.
It was previously reported that the richest people of the planet hid almost USD 8 trillion in offshores.
After the leakage of Paradise Papers, the European Union decided to create a black list of “tax havens”.
