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Politics & press news – Embassy 47

British Overseas Territories urged to reform tax system

With tax transparency the focus of the G8 Summit, Prime Minister David Cameron has urged British Overseas Territories to “get their house in order” and sign up to international treaties on tax.

He wrote to 10 territories and crown dependencies, some of which operate low-tax regimes, and encouraged them share information on bank accounts held in their jurisdictions to help tackle tax evasion.



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