Tuesday, 18 June 2013

G8 leaders agree deal on tax evasion

Source BBC News@ tienganhvui.com


Breaking news


Leaders of the G8 major economies have agreed new measures to clamp down on money launderers, illegal tax evaders and corporate tax avoiders.


They include requiring that shell companies - often used to exploit tax loopholes and invest money anonymously - identify their effective owners.


Governments also agreed to give each other automatic access to information on their residents' tax affairs.


The summit communique also demanded more transparency from mining firms.


Miners were told that they should disclose details of their payments to all governments.


It follows revelations that many major mining companies use complex ownership structures in the Netherlands and Switzerland to avoid paying taxes on the minerals they extract in developing countries.


"Developing countries should have the information and capacity to collect the taxes owed them," the communique said.


"Other countries have a duty to help them."





Đăng ký: Tieng Anh Vui

0 comments:

Post a Comment

Translate

Twitter Delicious Facebook Digg Stumbleupon Favorites More

 
Design by Free WordPress Themes | Bloggerized by VN Bloggers - Blogger Themes