Tax evasion unacceptable
(Global Connections): With aid budgets under pressure amid the global economic crisis, governments are looking to tax systems as a new frontier for development policies. OECD Secretary-General Angel Gurría explains why a solid tax base is critical for long-term financial stability………Spurred on by the G20, governments and financial centers around the world have come forward with pledges to open up bank records to foreign tax investigators. The message could not be clearer: Aiding tax evasion is no longer acceptable. For scores of tax havens, it’s time to reform.
Category: Business
