Argentina and China have signed a draft agreement on tax information exchange to help promote their growing bilateral trade.
Wang Kang, deputy director of China's State Administration of Taxation, said the draft agreement was signed by him and Argentine Director of Federal Administration and Public Revenues, Ricardo Echegaray.
It was agreed that President Cristina Fernandez's impending visit to China would be the ideal opportunity to sign the final agreement.
The standard tax information exchange agreement produced by the Organization for Economic Cooperation and Development was used as a basis for negotiation and all key issues were discussed and resolved amicably, according to both sides.
A comprehensive report in our Intelligence Report series, examining in depth the situation of offshore transparency and secrecy in a number of the most prominent jurisdictions, is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp and a description of the report can be seen at http://www.lowtaxlibrary.com/asp/description_report2.aspTags: tax | law | investment | agreements | tax information exchange agreement (TIEA) | Argentina | China | China | Argentina
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