\u201cThe amount of untaxed wealth hidden offshore by the richest 0.1 percent exceeds the entire wealth of the poorest half of humanity (4.1 billion people), according to a new Oxfam analysis published on April 2, 2026, ahead of the 10th anniversary of the Panama Papers.<\/p>
The findings show that, a decade later, the super-rich continue to exploit offshore systems to evade taxes and conceal assets, highlighting the urgent need for coordinated international action to tax extreme wealth and end the use of tax havens.<\/p>
An amount of $3.55 trillion in untaxed wealth was stashed offshore in tax havens and unreported accounts in 2024, according to Oxfam\u2019s estimates. \u201cThis sum exceeds the GDP of France and is more than twice the combined GDP of the world\u2019s 44 least developed countries,\u201d a statement by Oxfam noted.\u201c<\/p>
https:\/\/www.downtoearth.org.in\/governance\/untaxed-wealth-hidden-offshore-by-richest-01-surpasses-entire-wealth-of-the-poorest-half-of-humanity-oxfam<\/a><\/p> #TaxHavens<\/a> #Offshores<\/a> #TaxEvasion<\/a> #Inequality<\/a><\/p>","generator":{"id":"tag:gnusocial.jp,2026-04-13:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/tldr.nettime.org\/users\/remixtures\/statuses\/116346202848662305","object":{"id":"https:\/\/tldr.nettime.org\/users\/remixtures\/statuses\/116346202848662305","objectType":"note","content":" \u201cThe amount of untaxed wealth hidden offshore by the richest 0.1 percent exceeds the entire wealth of the poorest half of humanity (4.1 billion people), according to a new Oxfam analysis published on April 2, 2026, ahead of the 10th anniversary of the Panama Papers.<\/p> The findings show that, a decade later, the super-rich continue to exploit offshore systems to evade taxes and conceal assets, highlighting the urgent need for coordinated international action to tax extreme wealth and end the use of tax havens.<\/p> An amount of $3.55 trillion in untaxed wealth was stashed offshore in tax havens and unreported accounts in 2024, according to Oxfam\u2019s estimates. \u201cThis sum exceeds the GDP of France and is more than twice the combined GDP of the world\u2019s 44 least developed countries,\u201d a statement by Oxfam noted.\u201c<\/p> https:\/\/www.downtoearth.org.in\/governance\/untaxed-wealth-hidden-offshore-by-richest-01-surpasses-entire-wealth-of-the-poorest-half-of-humanity-oxfam<\/a><\/p> #TaxHavens<\/a> #Offshores<\/a> #TaxEvasion<\/a> #Inequality<\/a><\/p>","url":"https:\/\/tldr.nettime.org\/@remixtures\/116346202848662305","status_net":{"notice_id":null},"tags":[{"objectType":"http:\/\/activityschema.org\/object\/hashtag","displayName":"inequality"},{"objectType":"http:\/\/activityschema.org\/object\/hashtag","displayName":"offshores"},{"objectType":"http:\/\/activityschema.org\/object\/hashtag","displayName":"taxevasion"}]},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2026-04-04:objectType=thread:nonce=a00f1d6c75ad88d9","notice_info":{"local_id":"12400572","source":"ActivityPub"}},"published":"2026-04-04T15:02:54+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"verb":"post","url":"https:\/\/tldr.nettime.org\/@remixtures\/116346202848662305"}],"links":[{"url":"https:\/\/gnusocial.jp\/conversation\/6294622","rel":"alternate","type":"text\/html"}]}