Panama commits to automatic exchange of tax data for 1st time
Global economic body OECD on Wednesday said Panama, along with few other jurisdictions, has committed to the internationally accepted norm of "automatic" sharing of financial and tax data with other countries, a development coming in the backdrop of the 'Panama Papers' offshore assets leaks where at least 500 Indian names have also figured.
May 11, 2016, 15:09 PM IST