This book lays out what we know about the scale, history and impacts of tax abuse. From profit-shifting by multinational corporations to the exploitation of offshore tax havens. It sheds light on the people and organisations that enable tax abuse, and the stark social inequalities it creates.
Crucially, it also explores what we can do about it. What are the practical realities of challenging the threats of tax injustice and of holding abusers accountable? What are the policies and institutional shifts we need to see and fight for?
It is estimated that cross-border tax abuse accounts for around half a trillion dollars of lost revenue around the world each year. This is important. Alex Cobham shows us that tax is more than just business regulation or economic policy. It is a powerful tool for creating a fair and just society. It is our social superpower.
Alex Cobham is an economist and chief executive of Tax Justice Network.
About the Author
Alex Cobham is an economist and chief executive of the Tax Justice Network. He is also a founding member of the steering group of the Independent Commission for the Reform of International Corporate Taxation, and of the technical advisory group for the Fair Tax Mark. His work focuses on illicit financial flows, effective taxation for development, and inequality.
He has been a researcher at Oxford University, Christian Aid, Save the Children, and the Center for Global Development, and has consulted widely, including for UNCTAD, the UN Economic Commission for Africa, DFID, and the World Bank. He recently published two books: The Uncounted (Polity Press), and Estimating Illicit Financial Flows: A Critical Guide to the Data, Methodologies, and Findings, with Petr Janský (Oxford University Press).
Industry Reviews
"Short, sharp and compelling."
Alex Preston, The Observer
"If you want to learn a lot about what matters most, in as short a time as possible, this is the series for you."
Danny Dorling, Halford Mackinder Professor of Geography, University of Oxford
"Cobham provides an excellent, thought provoking overview of these issues, with many examples that even the casual reader would find interesting."
Professor Nigel Driffield, University of Warwick
"Cobham's analysis unveils compelling dimensions of tax justice, supported by insightful data seamlessly presented in charts and tables. The book transcends its initial goal of offering “a guided tour of the issues and evidence”, evolving into a profound exploration of the interconnected realms of taxation, justice, and development. Through this exploration, readers gain a profound understanding of the evolving landscape of contemporary taxation systems and their contradictory impacts at both domestic and international contexts."
Dr Iyabo Masha, Director and Head of Secretariat, G24
"With its straightforward, well-crafted prose free of jargon, Cobham demonstrates how taxation transcends expert domains to become, fundamentally, a political issue. Furthermore, the book's utilization of mnemonic techniques, akin to Cobham's pioneering use of the 4Rs, which has since become widely adopted, proves invaluable also for experts looking to distill ideas and clarify concepts. This book is a must-read for anyone looking to understand international tax justice issues."
María Fernanda Valdés, Deputy Minister of Finance of Colombia, Ministerio de Hacienda