G20 finance ministers outline new rules to crackdown on global tax evasionSubmitted by rustle on Sat, 07/20/2013 - 13:16
Well I guess we should thank our overlords for our new rules...
"A new global standard on transparency was endorsed b"y G20 finance ministers meeting in Moscow on Saturday, giving added impetus to the international crackdown on tax evasion.
New rules to promote automatic exchange of tax information between countries were outlined as part of the G20’s two-pronged attack on tax avoidance and evasion.
The ministers also said Saturday their countries consider strengthening economic growth and creating jobs to be top priorities."