Little sign of action despite strong words

Moves against tax evasion would be unnecessary if states used the existing anti-tax evasion and fraud law, writes Ann Cahill

Two thirds of the world’s hidden wealth — estimated at €14 trillion — is stashed in EU tax havens, safe from having to pay €156bn a year to the countries where the money is made.

Britain is leading a crusade to bring home the tax, but a third of the hidden money is in British-controlled tax havens.