TaxTMI 
TaxTMI 
Have toolbox to deal with tax havens not sharing info
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....ave toolbox to deal with tax havens not sharing info <br>News and Press Release<br>Dated:- 13-6-2011<br><BR>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 to....
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....ld 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 A....
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....voidance Agreements (DTAA) with several countries and also entering into Tax Information Exchange Agreements (TIEA) with tax havens. "We are getting substantial cooperation," he said.<BR> News - Pre....
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....ss release - PIB....