Source: Date: Updated: |
TheBahamasInvestor.com
Monday, February 14, 2011 Monday, February 14, 2011 |
At a ceremony in Nassau February 11, the government of The Bahamas and the government of India signed a Tax Information Exchange Agreement bringing the total number of such agreements held by The Bahamas to 24, ten of which are with G20 member nations.
During the ceremony, the Minister for State in the Ministry of Finance Zhivargo Laing said : “The government of The Bahamas welcomes the conclusion of this agreement with India, the world’s largest democracy and one of the emerging giants on the global economic landscape. Both countries are fellow active participants in the ongoing work of the Organisation of Economic Co-operation and Development Global Forum on Transparency and Tax Information Exchange and its Peer Review committee and the government of The Bahamas commends the government of India for its accomplishment as a vice-chair of the Peer Review Group.”
A delegation from the Indian High Commission in Jamaica also attended the signing.