More tax info deals expected this week
(FT.Com) A flurry of deals to help in the pursuit of evaders hiding money offshore will be signed this week as finance ministers meet in Berlin on Tuesday to review the international crackdown on tax havens. More than 30 tax information exchange agreements have been signed since November, as offshore centres race to avoid sanctions. The meeting, organised by the French and German finance ministries, has a symbolic importance because it will be attended byHans-Rudolf Merz, Swiss finance minister. The Swiss agreement to bow to international pressure in March was a crucial step in the international bid to end banking secrecy.
Category: Business