Tax Information Exchange Agreement

India and Liechtenstein Sign Tax Information Exchange Agreement

India and Liechtenstein have signed a Tax Information Exchange Agreement (TIEA) today at Bern, Switzerland. The Agreement was signed by Ms Chitra Narayanan, Indian Ambassador in Switzerland from Indian side and Madame Doris Frick, Ambassador of Liechtenstein in Switzerland on behalf of Liechtenstein. Salient features of the agreement (TIEA) with Liechtenstein are: ¢ It is… Read More

Tags: BernCompetent authorityIndiaLiechtensteinSwitzerlandTax Information Exchange AgreementTIEAUnited States

Government Steps to Tackle Black Money Stashed Abroad

The Government has been receiving a number of representations from public, demanding disclosure of the names of black money depositors in banks located abroad. Since the information received from the Foreign Governments is covered by the confidentiality provisions of Double Taxation Avoidance Agreements (DTAAs) and Tax Information Exchange Agreements (TIEAs), the Indian government cannot disclose… Read More

Tags: Convention on mutual administrative assistance in tax mattersDouble Taxation Avoidance AgreementFinance ActGovernmentGovernment of IndiaIndiaLok SabhaTax Information Exchange Agreement

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