Thursday, April 14, 2016

Lagarde Supports Clamp Down on Global Tax Avoidance

The  release of the Panama Papers demonstrates that global tax  evasion is  "unfinished business" according to Christine Lagarde.

The papers were from  the law firm  Mossack Fonseca which provides offshore shell company accounts to wealthy individuals.

The IMF Managing Director is supporting globally coordinated efforts to clamp down on  tax avoidance.

IN: It's obviously...
OUT:  ...unfinished business.
DUR:  35"

OR:

She  is also concerned that the same methods to disguise ownership provides support to criminals and terrorists.

IN: As you know...
OUT:  ...follow up.
DUR:  23"