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.
More top news
Big Ben will fall silent on Monday for renovations following a backlash from MPs over the proposed four-year timetable for the work.
Rain will push into the northwest, turning heavy and persistent in places
Thousands of dangerous appliances are still in use across the UK despite years of warnings about the dangers.