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"Tackling tax evasion is an absolute priority for HMRC with 26,000 staff focusing on evasion, avoidance and fraud.
The anti-poverty campaigner and Boomtown Rats singer is embroiled in a legal wrangle over claims of tax avoidance and fraud.
While many details still have to be worked out, including exactly what kinds of information will be shared and when countries that are not members of the G-20 can participate, the commitment should help make it easier for tax authorities to uncover avoidance and fraud.
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Anti-avoidance and fraud measures published today, including new requirements for disclosure, will address artificial tax arrangements involving capital gains and losses, trusts and offshore companies, rebated oils, and the misuse of SIPPS schemes to purchase second homes.
"In our 2010 spending review, the government made £917m available to us to tackle avoidance, evasion and fraud.
"In our 2010 spending review the Government made £917m available to us to tackle avoidance, evasion and fraud.
"Over the last two years alone, our audits and investigations have identified over $500 million in savings, cost avoidance and waste, fraud and abuse of postal operations," Ms. Corcoran said.
The Liberal Democrats are being more open about its plans than the big two parties with its proposals to make £12 billion of cuts, but these are based on two optimistic claims: crackdowns on tax avoidance and benefit fraud.
Jersey's finance authorities point out that the island complies with international regulations and said its tax avoidance and anti-fraud rules are among some of the most stringent in the world.
Taxpayers have a right to expect adequate performance and avoidance of waste, fraud, and abuse.
A package of measures to tackle tax avoidance, evasion, fraud and error will raise more than £9bn over the next five years.
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CEO of Professional Science Editing for Scientists @ prosciediting.com