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Panama signs onto OECD tax information exchange pact

OECD officials say they have long tried to get Panama to agree to their common reporting standards on exchanging tax information, to no avail.

Mauritius to begin automatic tax info exchange from September 2018

Mauritius will start automatic exchange of tax information with other nations only from September 2018, as it has postponed by a year implementation of global common reporting standard on tax matters.

India in talks with Cyprus over tax info exchange

India, which blacklisted Cyprus in 2013 for not sharing tax information under the treaty, is in dialogue with the island nation to resolve the issue, a top finance ministry official said on Tuesday.

India to boost trade ties with US, commits to adopt FATCA soon

Committing to boost trade ties, India and the US on Thursday resolved to enhance cooperation, remove obstacles to investment flows and work towards early adoption of FATCA to facilitate automatic flow of tax information.

India presses for auto info exchange to deal with black money

India has called for expeditious implementation of the automatic exchange of tax information saying it would help in tracking illegal money stashed in foreign banks.

Switzerland begin talks for framing tax info exchange law

In another step to prevent cross border tax evasion, Switzerland today began consultations for framing a legislation related to sharing tax information automatically with other nations, including India.

India signs tax info exchange pact with Saint Kitts & Nevis

The agreement is modelled on other tax information exchange agreements and would cover taxes imposed by both the countries.

Black money: Switzerland to provide info in a time-bound manner

As India steps up its pursuit of black money stashed abroad, Switzerland Wednesday agreed to assist Indian authorities on a priority basis and provide requested banking information in a time-bound manner.

Automatic exchange of info to help unearth black money: India

Extending full support to the automatic exchange of tax and banking information, India Monday said it will help in unearthing blackmoney stashed abroad and bringing it back.

G20 commitment on tax info to help India track black money

The G20 on Sunday decided to put in place a mechanism for automatic exchange of tax information between various countries by 2017, a development which will help India in dealing with the menace of black money stashed abroad.

G20 to press for 'rapid timeline' for exchange of tax information

G-20, a group of developed and developing nations, is likely to press for adoption of "rapid timelines" by different countries for automatic sharing of information with a view to curb tax evasion.

Sharing of tax info to be part of G20 Brisbane summit in Nov

Sharing of tax information and pushing global economic growth by an additional 2 percent in the next five years will be a part of agenda at the Brisbane Summit of the G20 leaders to be held in November.

Tax info exchange: India sends 563 requests; gets 97 in 3 years

When it comes to exchange of information on suspected tax defaults, India made 563 requests to foreign countries in three years, while it received only 97 such requests during this period.

FM for better information system to improve tax collection

Finance Minister P Chidambaram Wednesday made a case for improving tax information system to augment revenue collection while committing to establishing a stable tax regime.

‘Switzerland to share tax information with India’

A Swiss govt official expressed hope that the revised tax avoidance treaty with India will be ratified during the year, following which Swiss authorities would provide assistance to India to deal with cases of tax evasion.