The G20 Finance Ministers and Central Bank Governors met a week or so ago - and as I was\u00a0distracted\u00a0I did not notice.<\/p>\n
In their final communique they said<\/a>:<\/p>\n We agreed to maintain momentum for action to tackle non-cooperative jurisdictions and to fully implement the G20 anti-corruption action plan. We asked the Global Forum to report to us on ways to improve the effectiveness of exchange of tax information.<\/p><\/blockquote>\n If they're serious let's recognise the fact<\/a> that\u00a0tax information exchange agreements do not work.<\/p>\n And then just say the bleeding\u00a0obvious\u00a0- which is that\u00a0automatic information exchange is the solution. For the simplest option available to ensure that the smoking gun every tax authority needs to open an\u00a0investigation\u00a0is available to them, see here<\/a>.<\/p>\n In summary: stop\u00a0prevaricating\u00a0and please\u00a0deliver. Now.<\/p>\n","protected":false},"excerpt":{"rendered":"