Chancellor's letter to EU finance ministers on fighting tax avoidance and evasion
The Chancellor calls on Europe to back a new global standard to fight against tax evasion and avoidance.
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Chancellor of the Exchequer George Osborne calls on European finance ministers to back a new global standard to fight tax evasion and avoidance - already backed in principle by the G20 and, following their recent meeting, the G7.
The core of this global standard is automatic exchange of tax information between countries, based on a new multilateral agreement encompassing developed and developing countries.