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Finance chiefs to sign pact to fight tax evasion

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Published Wed, Oct 29, 2014 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Berlin

THE finance ministers of around 50 countries meet in Berlin on Wednesday to sign a deal they hope will put an end to banking secrecy and aid the worldwide fight against tax fraud and evasion.

"Banking secrecy, in its old form, is obsolete," German Finance Minister Wolfgang Schaeuble said on Wednesday.

OECD

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