"Tax Inspectors Shrug Off Borders to Track Multinational Evasion"

A team called Tax Inspectors Without Borders will begin helping developing countries deal with the flood of income to low-tax jurisdictions once it’s established next week by the United Nations and the Organization for Economic Cooperation and Development.

The idea: to boost local tax agencies’ efforts to ensure that multinational corporations pay what they owe to governments in regions such as Africa, which alone loses more than $50 billion a year to illicit financial flows, according to a UN report...

It’s the sort of advice that netted authorities in Kenya more than $23 million in a single case, thanks to veteran tax inspector Lee Corrick...After Corrick advised them on what to look for, and held two more workshops, the tax authorities met with the company and sealed an agreement for the tens of millions of dollars in extra tax payments -- among the largest adjustments ever by Kenya.