Global financial institutions to discuss Panama Leaks collectively
New tax laws will boost cooperation in developing countries and will help prevent tax evasion: IMF
KARACHI (Dunya News) – Where different political leaders and famous personalities have been shook by Panama leaks, financial institutions of the world have decided to sit together over the very issue on Wednesday, reported Dunya News.
International Monetary Fund (IMF), World Bank, United Nations Organisation for Economic Cooperation and Development (UN-OECD) will introduce new tax laws.
According to IMF establishment of effective tax system is the first priority of global financial institutions, new tax laws will boost cooperation in developing countries and will help prevent tax evasion.
