Tax Collectors Worldwide to Co-Operate in Revenue-Raising to Offset Fiscal Deficits
added: 2009-06-01
With governments facing soaring budget deficits as they seek to combat the global economic slump, tax authorities from around the world have agreed on a new cooperation plan to encourage tax compliance and counter tax evasion and abusive tax avoidance, with special focus on banks, wealthy individuals and offshore activities.
