Tax information exchange agreement Current Affairs, GK & News

India notifies a tax data pact with Marshall Islands

India has notified a Tax Information Exchange Agreement (TIEA) with the Marshall Islands, which enables a bilateral sharing of banking & ownership information and allows officials of one country to undertake tax examinations in the other. The TIEA for exchange of information with respect to taxes was signed on March 18, 2016 at Majuro, the ..


India, Monaco ink TIEA

India and Monaco inked Tax Information Exchange Agreement (TIEA). The move will facilitate the both the countries to check tax evasion and money laundering. It is 9th TIEA inked by India. Core features of the agreement: · It follows global standard of transparency and exchange of information. · Information must be foreseeable and relevant to ..