Tax Evasion: Tough Times for Multinationals as G8 Meets in Northern Ireland The new push by the G8 for an open tax system which will compel multinationals operating in developing countries, requires tax havens to sign agreement on transparency that will bring about more disclosure on illicit wealth traced to elites and big companies who used such locations as cover up.The new policy is expected to beam its searchlight on Nigeria, where foreign companies are said to be engaged in naked display of tax avoidance through corrupt practice due to weak enforcement, corruption and impunity. Click to read more>>thisdaylive/articles/tax-evasion-tough-times-for-multinationals-as-g8-meets-in-northern-ireland/150645/
Posted on: Mon, 17 Jun 2013 14:45:00 +0000
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