TaxPersonal TaxTen offshore havens agree to share tax data

Ten offshore havens agree to share tax data

Brown set to announce tax information signings at G20

UK Prime Minister Gordon Brown is set to announce that as many as ten
offshore jurisdictions have agreed to greater tax transparency and share of
information signings.

High profile tax havens including Switzerland, Liechtenstein, Luxemburg,
Monaco, Austria and Andorra are thought to be party to the deals, according to
telegraph.co.uk

Switzerland and Austria have been under significant pressure from the OECD to
sign the share of information signings.

As part of the G20 talks this week, Brown is anticipating many countries will
agree to bi-lateral arrangements in demonstrating international co-operation on
the exchange of tax data.

Further Reading:

Offshore
account holders offered tax deal

Delay
in prosecutions harms crackdown on offshore evasion

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