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The number of requests for data which UK tax authority Her Majesty's Revenue and Customs (HMRC) made to Crown Dependencies and Overseas Territories on possible tax evaders hit a record high last year.
HMRC made 72 requests for financial data from territories such as the Cayman Islands, Bermuda, and Jersey last year (ending Dec 31, 2012) regarding personal and business taxes, up 26 percent on the 57 in 2011 and 32 in 2010.
The UK's Crown Dependencies and Overseas Territories have come under increasing pressure from the UK Government in Whitehall to start co-operating more closely with HMRC in order to root out tax evaders.
The news comes as HMRC finalizes new tax compliance information sharing arrangements with the Crown Dependencies and Overseas Territories among other measures that are set to catch tax evaders.
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