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G-8 leaders agree to crack down on tax evasion

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World leaders at the Group of Eight summit in Northern Ireland signed off on an agreement aimed at cracking down on tax evasion as part of transatlantic trade negotiations. In still uncertain economic times, U.S. and European leaders want to force large corporations to pay more taxes and reduce the incentive for businesses to use offshore havens to reduce their tax burdens. Many of the world’s...

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