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New OECD International Tax Treaty

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The almost entirety of the world's nation-states have agreed to this new OECD tax treaty. The leftover countries are not of soundness and security to likely to attract the big businesses that currently use such hives as Luxembourg and the Cayman Islands for tax avoidance.

Will this tax treaty be a success, or will there be too much trouble with ratification, enforcement, loopholes, etc. among participants?

Edited by 500channelsurfer
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