G20 tax push to hit hard in finance sector

The G20 plan to combat tax evasion will enable the member states, including China, to have their own version of the United States' Foreign Account Tax Compliance Act (Fatca) that shines a spotlight on US tax dodgers around the world, say analysts.

via Business feed http://www.scmp.com/business/banking-finance/article/1310556/g20-tax-push-hit-hard-finance-sector