The G7 group of industrialised nations have agreed to take joint action against tax evasion and avoidance.
Chancellor George Osborne said after the talks it is "incredibly important" that companies and individuals pay the tax they owe.
The G7 members, US, Germany, the UK, Japan, Italy, France and Canada, agreed on more policy issues than had been assumed, he said.
In a news conference held jointly with Bank of England governor Sir Mervyn King...
About Nick Huber
I’m a specialist business journalist and have a particular interest in tax and technology.