Have toolbox to deal with tax havens not sharing info

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..... Have toolbox to deal with tax havens not sharing info
News and Press Release
Dated:- 13-6-2011

New Delhi, June 13 (PTI) Under pressure from civil society to take concrete action on black .....

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..... money, the government today said it has enough tools to deal with transactions arising from non-cooperative jurisdictions and would take action as and when necessary. "We have developed a toolbox.. .....

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..... . We have enabled ourselves to declare (tax havens) as non-cooperating jurisdiction and countries as and when the situation arises. We will take appropriate steps," Finance Minister Pranab Mukherjee t .....

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..... old reporters here today. However, he added that as of now, "no country" has been put in the category of a "non-cooperating jurisdiction". India, the minister said, is negotiating Double Taxation .....

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..... Avoidance Agreements (DTAA) with several countries and also entering into Tax Information Exchange Agreements (TIEA) with tax havens. "We are getting substantial cooperation," he said.
News - Pr .....

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..... ess release - PIB .....

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