Cameron Welcomes G8 Tax Action - Presented by: The Aol. On Network

The world's rich economies say they will take a tougher stance on fighting money laundering and tax evasion. UK Prime Minister David Cameron says the group of eight leaders signed up for a list of aims including improving the transparency of who owns companies and deepening information-sharing between tax authorities. Cameron has been stung by revelations that big multinationals like Starbucks and Google have cut their corporate tax bills in Britain using legal loopholes.



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