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The Boston Globe

World

G-8 summit turns focus to clampdown on tax-dodging

ENNISKILLEN, Northern Ireland (AP) — World leaders at the G-8 summit declared Tuesday that governments must work together to close loopholes that allow multinational corporate giants to avoid paying taxes in their home countries.

In a joint statement at the conclusion of a two-day summit, leaders of eight of the world’s wealthiest countries said tax authorities should share information ‘‘to fight the scourge of tax evasion’’ and make it harder for companies to ‘‘shift their profits across borders to avoid taxes.’’

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