Small Commonwealth countries and jurisdictions that offer financial services to overseas clients will meet next week to consider a response to recent international tax developments, including those raised by the Panama Papers.

The unprecedented Panama Papers leak of documents in April sparked concerns about wealthy individuals and corporations using overseas financial facilities to avoid or evade tax.

On 20-21 June, the Commonwealth International Tax Roundtable in London will bring together countries that host International Financial Centres (IFCs). IFCs offer overseas clients services such as international banking, investment management and insurance. Full Story