On a visit to India this week, Mauritian Prime Minister designate, Paul Raymond Berenger revealed that the two countries are currently discussing ways in which to further limit cross-border tax evasion and money laundering.
'There will be no money laundering through Mauritius,' Mr Berenger told reporters following a meeting with Indian Finance Minister, Yashwant Sinha. 'There are new regulations which are modern and performing.'
The Mauritian and Indian authorities have announced that they will be reviewing the operational aspects of the current double tax treaty, but will not be changing the agreement as such.
It is also understood that the Financial Services Commission of Mauritius will be signing a Memorandum of Understanding on information exchange with the Securities and Exchange Board of India in July.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment