Paris, 19/11/2001 (Agence Europe) - The OECD's Council adopted a report last week into damaging fiscal practices, outlining the pledges that it wants tax havens to make and putting off until February 2002 the deadline for compiling a list of the tax havens that refuse to cooperate.
In June 2000, the OECD 1) identified 47 potentially damaging preferential tax systems in OECD states; 2) listed 35 legal systems that meet the criteria for "tax havens"; 3) put forward a procedure whereby tax...