Huge Progress Fighting Tax Evasion - Lithuanian Member of Ec

European Union is stepping up its fight against tax evasion. One of the means to deal with tax evasion is the automated information sharing system, on Saturday said Member of the European Commission Algirdas Semeta.

According to the commissioner for taxation, customs, statistics, audit and anti-fraud, the standardized information sharing system should soon be implemented globally.

"Last week the leaders of the G20 committed to establish the global standard for sharing information on tax. This is an unseen...

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