Tax avoidance, evasion costs EU 170 billion euros a year, says Poland
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WARSAW (Reuters) - European Union member states lose 170 billion euros (£143 billion) a year due to tax avoidance and evasion, a Polish state think-tank said in a report due to be discussed later on Wednesday at the World Economic Forum annual meeting in Davos.The report, from the Polish Economic Institute, also proposed that the European Commission should have powers to sanction as "EU tax havens" countries that benefited from what it called artificial profit-shifting by companies. "Losses..