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Sunday, 15 March 2009

Don't forget Vatican tax avoidance

One interesting outcome of the meeting of G20 finance ministers was the acceptance by the Swiss government on Friday that it would provide information to tax authorities in other countries, ending centuries of banking privacy.

This is supposed to herald the end of havens for tax avoidance.

Will there be determination to follow through on this aim? And, if so, will it include the Vatican state and the Vatican bank? I am not holding my breath about it, but who will take the matter up in Parliament and government?

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