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Panama, Lebanon Among Recent Joiners of Global Tax info Sharing Deal

Panama, rocked by a recent major tax scandal, has joined around 100 countries in an agreement to share financial information automatically to tackle tax evasion, the Organization for Economic Cooperation and Development said on Wednesday. The information sharing scheme was already in the works when Panama came under pressure after the leak of thousands of confidential documents from a Panamanian law firm in April showed their failure to cooperate in...

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