TAX ANNEX TO THE SAINT PETERSBURG G20 LEADERS DECLARATION

We would be wise to watch the very things that are NOT getting press on any given day in politico, because in the shadows of the big press events are the REAL and PRESENT DANGERS that by design are not supposed to be seen.  

One such event was the G20 Summit in St. Petersburg, Russia.  While the world looked on to see President Vladimir Putin and President Barack Obama face off for a 19 second handshake and a 20 minute obligatory meeting, an "International Tax System" was the real main attraction.  But the question is, "Were you aware?"  Worse still, "Were you watching?"

The G20 has now endorsed the development of a new global tax standard

Here is an overview of the outcome of the Fair International Tax System meeting:

1. The G20 has been at the forefront of efforts to establish a more effective, efficient and fair international tax system since they declared the era of bank secrecy over at the G20 London Summit in April 2009. In an increasingly borderless world, strengthening international cooperation in tax matters is essential to ensuring the integrity of national tax systems and maintaining trust in governments.    Read more...