All G8 leaders seized and reinforced the momentum in the global fight against tax evasion and tax fraud. There was also agreement on the need to prioritise actions against aggressive tax planning by companies. The EU is an active contributor to the OECD work on base erosion and profit shifting and we are strengthening anti-abuse clauses in EU legislation and member states' bilateral agreements in line with the Action Plan of last December. The European Union has been and will continue to be at the forefront of this fight. In order to make it a success we will continue to provide our expertise and experience, which was welcomed at this G8.