Obama: tax avoidance is 'a big global problem'

GMT 17:30 2016 Tuesday ,05 April

Arab Today, arab today Obama: tax avoidance is 'a big global problem'

Washington - Arab Today

US President Barack Obama said Tuesday that the revelations that powerful international politicians and businessmen have hidden money in shell companies shows tax avoidance is a global issue.

"Tax avoidance is a big global problem," he said, after documents leaked from a Panama law firm showed tens of thousands of anonymous companies could have been used to hide income.

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