For years, Achim Pross of the OECD in Paris has been pursuing tax evaders around the world. But Panama never went along with his international tax cooperation agreement which enables automatic data sharing -- until now.
The Maltese government has reacted angrily after a German state's finance minister called the EU island state "Europe's Panama." Now officials are hunting down Germans allegedly using Malta to dodge the taxman.
Alleged refusal by Panama to make public a panel's future anti-corruption report has prompted the resignation of its chairman, renowned US economist Joseph Stiglitz. Panama has cited only "internal differences."
Tax authorities in Denmark have paid 805,000 euros ($903,000) for evidence of tax evasion by its citizens in the so-called 'Panama Papers.' About 600 people could be implicated.
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