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Montevideo, June 16th 2024 - 09:45 UTC

Tag: accord against tax evasion

  • Thursday, October 30th 2014 - 21:49 UTC

    Fifty one countries sign 'milestone' accord against tax evasion

    The accord will end banking secrecy as it has been known for decades, the finance minister, Germany's Finance minister Wolfgang Schäuble

    Fifty one nations on Wednesday signed what was hailed as a milestone in the fight against tax evasion, an agreement that commits them all to automatic exchange of tax information starting in 2017. The accord capped a two-day meeting of officials from most of the 123 nations that have joined the Global Forum, which evolved from an agreement by Germany and Britain two years ago to crack down on tax evasion and tax fraud.