Germany suggests plan to combat tax havens
German Finance Minister Wolfgang Schaeuble gave details of a plan on Sunday to combat tax havens including creating an international network of registers that list the actual owners of companies. A huge leak of documents from the Panama-based law firm Mossack Fonseca has shown how offshore firms are used to stash the wealth of the rich and powerful, embarrassing several world leaders. Germany made closer international cooperation on tax evasion a priority during its presidency of the G7 economic
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