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Which country has signed an Tax Information Exchange Agreement (TIEA) with India on 18th March 2016?
  • a)
    Marshall Islands
  • b)
    Solomon Islands
  • c)
    Nauru
  • d)
    Fiji
  • e)
    None of these
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which country has signed an Tax Information Exchange Agreement (TIEA) ...
The Agreement between the Government of India and the Government of the Marshall Islands for the Exchange of Information with respect to taxes was signed on 18th March, 2016 at Majuro, the Republic of the Marshall Islands. The Indian-Marshall Tax Information Exchange Agreement (TIEA) was notified to the gazette of India.The agreement provides a framework for the exchange of Information in tax matters which helps in tax evasion and tax avoidance.It provides information like banking and ownership between two countries for tax purposes.
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Which country has signed an Tax Information Exchange Agreement (TIEA) with India on 18th March 2016?a)Marshall Islandsb)Solomon Islandsc)Naurud)Fijie)None of theseCorrect answer is option 'A'. Can you explain this answer?
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