TI-USA Shruti Shah states, regarding UK, Germany, France, Italy, and Spain automatically sharing tax information, that “It is a great first step but a lot more work needs to be done; there is one player missing from the list that is the US; and this also shows that the UK needs to do more work in its own backyard and tackle overseas territories. Information on who truly owns these companies in these overseas territories also needs to be available.” Read More.