The Detrimental Impact of International Tax Evasion on Countries' Tax Revenue

'Firstly, international tax evasion seriously undermines the tax revenue of relevant countries. In international tax evasion cases, due to the complexity and concealment of the tax evasion behavior of multinational taxpayers, the actual loss of fiscal revenue to various countries cannot be comprehensively and accurately calculated so far. Tax evasion not only damages the tax revenue of capital exporting countries, but also greatly hinders the expected economic benefits of developing countries in attracting foreign capital and technology.'