https://www.taxtmi.com/news?id=17054 A Multi-Agency Group has been constituted to coordinate investigation of alleged undisclosed offshore assets revealed in the Panama Papers, undertaking international cooperation, submitting reports to the Government, and informing the Special Investigation Team; further action including assessment, penalties and prosecution will follow investigative outcomes. The statement stresses that disclosure of information about specific taxpayers is restricted by statute and that appearance in leaked material is not, alone, indicative of tax avoidance or evasion. en-us Fri, 09 Dec 2016 18:16:47 +0530 Fri, 09 Dec 2016 18:16:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17054 A Multi-Agency Group has been constituted to coordinate investigation of alleged undisclosed offshore assets revealed in the Panama Papers, undertaking international cooperation, submitting reports to the Government, and informing the Special Investigation Team; further action including assessment, penalties and prosecution will follow investigative outcomes. The statement stresses that disclosure of information about specific taxpayers is restricted by statute and that appearance in leaked material is not, alone, indicative of tax avoidance or evasion. News - Fri, 09 Dec 2016 18:16:47 +0530 https://www.taxtmi.com/news?id=17054