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US, Australia, and UK announce plan to share data to combat offshore tax evasion

|Proposed Changes|United States; Australia; United Kingdom
United States; Australia; United Kingdom

The tax administrations from the United States (the Internal Revenue Service (IRS)), Australia (the Australian Tax Office (ATO)) and the United Kingdom (HM Revenue & Customs (HMRC)) announced, on 9 May 2013, a plan to share tax information with regard to a multitude of trusts and companies holding assets on behalf of residents in jurisdictions throughout the world. The announcement was made in…

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