Governments around the world should tackle cross-border financial corruption and rampant tax abuse to obtain the resources necessary to eradicate poverty, address climate change and reduce inequalities exacerbated by the COVID-19 pandemic, a high-level United Nations panel recommended Thursday. The International Financial Accountability, Transparency and Integrity panel published a report with 14 recommendations aimed at updating and enhancing the international financial system. Among its suggestions to governments: set a global minimum tax of 20% to 30% on corporate profits; establish global guidelines and regulations for accountants, attorneys and financial professionals; publish informati
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