Swiss should treat India on par with US, France on DTAAs: OECD director

November 30th, 2009

The Economic Times

PARIS: India’s efforts to track black money stashed abroad have borne little fruit but a top official of the Organization for Economic
Co-operation and Development (OECD), a 30-member grouping of mainly developed economies, said there is no reason why India should not be treated on par with the United States or France by Switzerland on negotiations around the double tax avoidance agreements (DTAA).

In an interview at the OECD headquarters in Paris, Dr Jeffrey Owens, OECD’s director for tax policy and administration, also said that while India was moving in the right direction on tax policy reforms, what is crucial is the implementation of the GST. Dr Owens is a votary on tax rules that facilitate cross border trade and investment and has also spearheaded initiatives to crack down on tax havens.

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