OECD in tax crackdown

PUBLISHED : Thursday, 13 April, 2000, 12:00am
UPDATED : Thursday, 13 April, 2000, 12:00am

Paris: The Organisation for Economic Co-operation and Development (OECD) urged its 29 member nations to share information on deposits, interest income and tax investigations to fight tax evasion. A report from the Paris-based group, which is mainly a think tank with no legislative powers, may buttress Britain's effort to get European Union countries to reduce bank secrecy.