EarthTimes, 19 Oct 2009
Singapore's parliament on Monday passed a bill that will bring the city-state's tax law in line with the international standard set by the Organization for Economic Cooperation and Development (OECD) to fight tax evasion across borders. Singapore had been under international pressure to improve banking transparency and had been put on a "grey list" by OECD as a state committed to the international standard on sharing information on taxes but not yet substantially implementing it.
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