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China inks deal to join international tax crackdown efforts

China has signed an OECD (Organisation of Economic Co-operation and Development) convention yesterday to join 55 other signatories in a global effort to move towards an environment of automatic exchange of information between nations, aiming to put an end to tax evasion. China became the final G20 nation to sign, fulfilling its commitment made during the 2011 Cannes G20 Summit. The Multilateral Convention…

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