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Top EU official calls for crackdown on shell firms used to avoid tax

Economy commissioner says Pandora papers show move is needed to ensure Covid costs are fairly shared

The EU must respond to the revelations in the Pandora papers with a fresh clampdown on the use of shell companies by tax avoiders to ensure the costs of the Covid recovery are fairly shared, the bloc’s commissioner for the economy has said.

Paolo Gentiloni, a former prime minister of Italy, praised the “meticulous” work of journalists around the world which he said had exposed how lawmakers were being outpaced by those seeking to avoid paying tax.

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