Top European countries call to end secrecy of shell companies
Washington
Washington - Arab Today
Europe's five leading economies called Thursday for a crackdown on tax havens, urging the G20 powers to remove the secrecy of shell companies that enables tax evasion and money laundering.
In the strongest reaction yet to the leaked "Panama Papers," the finance ministers of Britain, France, Germany, Italy and Spain also proposed a blacklist of havens like Panama if they do not share corporate registry data with others.
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