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U.S. Treasury readies new tax rules as G20 vows to fight evasion
April 17, 2016 by creative · Leave a Comment
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department is finalizing new tax rules aimed at combating the use of shell companies to evade taxes, U.S. Treasury Secretary Jack Lew said on Saturday amid increased pledges by global finance leaders to cooperate on tax issues. In a statement to the International Monetary Fund's steering committee, Lew said the Treasury was finalizing a rule that would require banks to identify the beneficial owners of…
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U.S. Treasury readies new tax rules as G20 vows to fight evasion