‘G20 to attack tax avoidance routes’

At a G20 meeting held on February 15 and 16 in Moscow, the United Kingdom, France and Germany announced they were launching a crackdown on tax avoidance by large multinationals.
The three countries are planning to act on a OECD report, published this week, which calls for an end to loopholes in international legislation, which have allowed multinationals to significantly reduce their tax bills.