G8 vow to tackle tax avoidance

An agreement has been reached by world leaders at the G8 summit on tackling money-laundering and "shell companies" which are used to evade tax, the Government has announced

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G8 leaders agree on new international tax rules

G8 leaders in Fermanagh have signed a Lough Erne Declaration, which seeks to clamp down on tax evasion by companies at a global level.

The co-ordinated action is the first deal of its kind, but it is unclear how effective it will be. Business Editor Laura Kuenssberg reports.

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