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Global Tax Enforcement Undergoing ‘Fundamental Change,’ Says OECD Official
printFor the last decade, Jeffrey Owens has made a career out of bringing to light what many want to keep in the dark: how wealthy individuals and companies hide their assets in tax havens. Owens, the director of the Centre for Tax Policy and Administration for the Organization for Economic and Co-operation and Development (OECD), has seen his crusade grow in importance in recent years as the wealth in offshore secrecy havens has ballooned to an estimated $7 trillion. As once-hard charging economies scrounge for additional revenue, countries – led by the United States, France and Germany – have become...
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