10 Tax Havens Agree to Curtail Bank Secrecy

Brown will announce G20 deal with Switzerland, Monaco
By Jason Farago,  Newser Staff
Posted Mar 31, 2009 9:01 AM CDT
10 Tax Havens Agree to Curtail Bank Secrecy
US Vice President Joe Biden, right, talks to British Prime Minister Gordon Brown during a bilateral meeting Saturday.   (AP Photo)

Ten tax-haven nations—including Switzerland, Liechtenstein, and Monaco—will share information with other countries about suspected tax dodgers in a deal to be announced at this week’s G20 summit, the Telegraph reports. The deal is a coup for PM Gordon Brown, who is hosting the summit and who has been pushing for an end to tax havens for more than a decade. (Read more Switzerland stories.)

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