Fed: Aust says small states matter in OECD tax evasion crackdown

AAP General News (Australia) | March 1, 2002 | Copyright

00-00-0000
Fed: Aust says small states matter in OECD tax evasion crackdown

CANBERRA, March 1 AAP - Australia supported a process that ensured the concerns of small nations were considered in a global tax avoidance crackdown, Foreign Minister Alexander Downer said today.

Several small Commonwealth states, many of them Pacific Island nations, have expressed concerns about the implementation of the OECD's Harmful Tax Initiative, he said in a statement.

Many small nations risk losing billions of dollars in foreign currency inflows if their status as low tax havens is harmed by ...

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