G8 urges overhaul of international tax corporate rules


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Financial Times
Breaking news
Tuesday June 18 2013

Breaking News
 
G8 urges overhaul of international tax corporate rules
G8 leaders have called for a shake-up of international corporate tax rules and the establishment of a mechanism to track just where multinational companies make their profits as part of a plan designed to "rewrite the rules on tax" across the world.

The leaders of the world's eight biggest economies all signed a 10-point Lough Erne Declaration which calls for greater transparency into corporate profits around the world.

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