Posts Tagged ‘tax treaties’

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Panama signed on Thursday a multilateral convention to share foreign taxpayers’ details with other governments, the Organisation for Economic Cooperation and Development (OECD) said, marking a big step towards ending its status as an offshore tax haven.

Panama will take a big step towards ending its status as an offshore tax haven on Thursday by signing a multilateral convention to share foreign taxpayer details with other governments, the OECD’s head of tax said.

In a step forward, Cyprus has said it is “very close” to revising its bilateral tax treaty with India as the island nation has accepted “in principle” proposals made by the Indian side on taxing capital gains.

The Vatican formally committed Wednesday to share the tax information of U.S. citizens with the United States in the latest move to improve the reputation of its scandal-marred bank and crack down on tax cheats.

On the first floor of a rust-colored building near the main railway station, Marius Kohl spent years engineering this country’s most valuable export: tax relief.

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