Thomas Damsgaard Tørsløv
@missingprofits.world
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Thomas Damsgaard Tørsløv's Company Logos
Thomas Damsgaard Tørsløv's Brand Colors
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Color name
RGB
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#EA9224
Carrot Orange
234, 146, 36
33, 82, 53
0, 38, 85, 8
#F9EE66
Portica
249, 238, 102
56, 92, 69
0, 4, 59, 2
#40464D
Mako
64, 70, 77
212, 9, 28
17, 9, 0, 70
About Thomas Damsgaard Tørsløv
**Brand Description: Economists Without Borders**
Economists Without Borders is an innovative research initiative led by scholars from the University of California, Berkeley, and the University of Copenhagen. Focused on uncovering the intricacies of global profit shifting, the brand aims to illuminate the impact of tax havens on international corporate taxation. According to their findings, nearly 40% of multinational profits—amounting to around $1 trillion—are strategically transferred to tax havens each year, resulting in a staggering reduction of over $200 billion in corporate income tax revenue worldwide.
Utilizing an interactive global map, the organization allows users to visualize the profit and tax revenue losses across 86 countries, representing 92% of global economic activity. This valuable resource not only highlights the amount of profits shifted to tax havens but also reveals the effective tax rates of these havens. Academics, policymakers, and advocates can leverage this research to understand the broader implications of profit shifting on global economies and to foster informed discussions on tax justice and corporate accountability.
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Science and Education
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