Agreement between EU states over tax evasion

Agreement between EU states over tax evasion. The five countries with the largest economy in Europe (the UK, Italy, Spain, Germany, France) have agreed to sign an agreement to exchange information on offshore companies.

These countries to answer the problematic situation created recently on tax evasion and panama papers thought to retaliate by signing an agreement on cooperation.
The Agreement stipulates that signatory countries to exchange confidential tax information between countries such as America, Saudi Arabia and China.

 Also invite those countries and other countries of the G-20 to take part even though a large part of the experts believe that this agreement does not constitute a solution for tax evasion.
Raising taxes does not like anyone but are very important for economic growth and their distribution in the service of society.