Osborne's tax avoidance pledge

Public outrage over corporate tax avoidance must be used as a "catalyst for change" in the UK and the developing world, Chancellor George Osborne said.

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Osborne: Tax avoidance a 'catalyst for change'

Public outrage over corporate tax avoidance must be used as a "catalyst for change" in the UK and the developing world, Chancellor George Osborne said.

Mr Osborne was in Moscow yesterday for a meeting of finance ministers from the G20 group of major economies which pledged to find ways to crack down on dodges by multinationals.

Writing in the Observer, the Chancellor said:

This year, we have an opportunity to turn concern over tax avoidance into a catalyst for change, creating a competitive tax system that supports businesses, but where everyone pays their fair share. Through our role in the G20 and our leadership of the G8, we can ensure this change benefits Britain's taxpayers and also helps meet our commitments to the poorest in our society.

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