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Posted on: May 14, 2014, 1:23 p.m.
Switzerland, one of the world’s largest offshore financial centers, agreed on Tuesday to exchange tax information with other countries automatically, representing a major breakthrough in the international crackdown on tax evasion. Switzerland joins the growing number of nations that have agreed to share tax information, helping to lift the veil of tax secrecy in almost everyone. Full investment news articleRelevent to this post: Financial Times,