Tax expert Ana Owens on how the US recoups lost tax revenue

Global Business

Tax expert Ana Owens on how the US recoups lost tax revenue

There are dozens more American household names criticized for not paying their fair share, often by stashing money away in tax havens.

Consumer advocates, the Public Interest Research Group, claim $150 billion of taxable revenue is lost every year through legal means of moving money offshore. 

Ana Owens is a tax expert with the Public Interest Research Group. CCTV America’s Rachelle Akuffo asked her how the U.S. government could recoup this lost money.