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Sat 04 Apr 2009OECD criticised for putting EU states on tax 'grey list'

LUXEMBOURG AND Austria have strongly criticised a decision by the OECD to place them on a “grey list” of states that do not fully comply with standards for catching tax evaders.

“I find the treatment of certain states to be incomprehensible,” said Luxembourg’s prime minister and finance minister, Jean-Claude Juncker, who described the publication of the OECD list as “fatuous” and a “rush job” at a meeting of EU finance ministers in Prague. The “grey list” was published on Thursday to coincide with the G20 summit in London alongside a “black list” of countries that refuse to cooperate in cross-border tax evasion cases.

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