Tax summit in Berlin aims to fight against tax fraud and evasion


BERLIN: The finance ministers of around 50 countries meet in Berlin to sign a deal they hope will put an end to banking secrecy and aid the worldwide fight against tax fraud and evasion.

“Banking secrecy, in its old form, is obsolete,” German Finance Minister Wolfgang Schaeuble (pic) said in an interview in the mass-circulation daily Bild yesterday.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , OECD , taxation , fraud

   

Next In Business News

Trading ideas: YTL Power, YTL Corp, Sime Darby Property, Malakoff, Axis REIT, KLCCP, Inari, Alliance, DRB-Hicom, BAT, Velesto, MSM
Focus Point eyes aggressive expansion
Carimin to acquire new RM23mil boat
Affin Bank to focus on higher yielding loans in 2Q
Hartalega earnings to rise on strong demand
The fuel subsidy plan and inflation
Cahya Mata remains cautiously optimistic
Deleum to achieve growth via partnerships and technology
eCommerce platforms to elevate enterprises
Axis-REIT buys two properties for RM125mil

Others Also Read