Economy

xchrom

(108,903 posts)

18. G20 to share tax information by 2015

Sat Sep 7, 2013, 07:26 AM

Sep 2013

http://www.bbc.co.uk/news/business-23994488

G20 members say they expect to begin automatically sharing tax information by the end of 2015.

The system of information sharing forms part of plans to tackle global tax evasion.

In a communique published on Friday, G20 leaders said they would take steps to close loopholes that allow legal tax avoidance by big businesses.

They also pledged to help developing nations tackle tax evasion by helping them track funds in tax havens.

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