29 January 2011

India's DTAA with Mauritius has gaps, says OECD study

The Organization for Economic Cooperation and Development (OECD), the agency that has been at the forefront of the global crackdown on tax havens, on Friday said India's Double Tax Avoidance Agreement (DTAA) with Mauritius had gaps that needed to be filled. In addition, it concluded that Mauritius had lax norms that provided room for routing of funds from one country to another.

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