G20 aims to clamp down on tax avoidance
British Chancellor George Osborne is calling for reforms aimed at clamping down on loopholes that enable international companies to avoid paying full tax.
The final communiqué from the G20 finance ministers' meeting in Moscow backed the drive, headed by the UK, France and Germany, to develop measures to stop firms shifting profits to pay less tax elsewhere.
Daniel Sandford reports.
16 Feb 2013
- From the section Business