https://www.taxtmi.com/news?id=16272 India and Switzerland agreed to negotiate a reciprocal bilateral arrangement to implement Automatic Exchange of Information under the Common Reporting Standard, with technical experts to meet before mid September 2016 and a view to concluding an agreement subject to parliamentary procedures; once signed, the arrangement would enable automatic receipt of financial account information of residents held in the other jurisdiction. The Secretaries also welcomed proposed Swiss amendments to permit cooperation on requests based on data obtained in breach of Swiss law and committed to enhanced administrative assistance under the Swiss Indian Double Taxation Agreement. en-us Thu, 16 Jun 2016 11:50:50 +0530 Thu, 16 Jun 2016 11:50:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16272 India and Switzerland agreed to negotiate a reciprocal bilateral arrangement to implement Automatic Exchange of Information under the Common Reporting Standard, with technical experts to meet before mid September 2016 and a view to concluding an agreement subject to parliamentary procedures; once signed, the arrangement would enable automatic receipt of financial account information of residents held in the other jurisdiction. The Secretaries also welcomed proposed Swiss amendments to permit cooperation on requests based on data obtained in breach of Swiss law and committed to enhanced administrative assistance under the Swiss Indian Double Taxation Agreement. News - Thu, 16 Jun 2016 11:50:50 +0530 https://www.taxtmi.com/news?id=16272