Freeport Indonesia to process 400,000t of copper concentrate at new smelter
Earlier this month, Freeport obtained an export permit for the rest of the year from the government.
This infographic designed by ericphillips.net and hosted by online-accounting-degrees.net explores the world’s tax havens and shows how they work.
Global tax havens are currently home to an estimated $21 to $32 trillion. The gross domestic product of the US and European Union combined is roughly equal to $32 trillion.
Those who get away with stashing cash in havens win big, while those without the resources or know-how are stuck bearing the brunt of domestic tax burdens.
Image source: www.online-accounting-degrees.net