Panama joins global convention on tax transparency

 Panama signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters here, making it the 105th nation to join the world's leading instrument to combat the menace of cross-border money laundering and tax evasion. DH illustration

Panama today became the member of a global convention that aims to combat cross-border tax evasion by sharing foreign taxpayer details with other governments, a move considered by ‘Panama Papers’ leak affected nations like India as positive in unravelling the financial irregularities.

Panama signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters here, making it the 105th nation to join the world’s leading instrument

... read more at: http://www.deccanherald.com/content/578059/panama-joins-global-convention-tax.html

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