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UK-European tax deal

The government has signed a tax international exchange agreement with France, Germany, Italy and Spain as a further attack on tax evaders.

Under the agreement, banks in the five countries will have to reveal financial details of foreign clients to that person’s local tax authority.  It is an attempt to co-ordinate international action against tax evasion.

 

 

Date: 29th April, 2013
Author: Cathy Corns

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