Top European countries call to end shell company secrecy

Europe's five leading economies called for a crackdown on tax havens, urging the G20 powers to end the secrecy of shell companies that enables tax evasion and money laundering. In the strongest reaction yet to the leaked "Panama Papers," the finance ministers of Britain, France, Germany, Italy and Spain also proposed a blacklist of havens like Panama if they do not share corporate registry data. "The recent extensive leaks from Panama show the critical importance of the fight against tax evasion