Press Enter

Share with your friends and help them crack UPSC!

Or Share on

Answer

Correct Option is Marshall Islands

• India notified a Tax Information Exchange Agreement (TIEA) with the Marshall Islands. • This agreement was signed on 18th March, 2016 at Majuro, the Republic of the Marshall Islands. • The Agreement enables exchange of information, including banking and ownership information, between the two countries for tax purposes. • It is based on international standards of tax transparency and exchange of information and enables sharing of information on request. • The Agreement also provides for representatives of one country to undertake tax examinations in the other country. • The Agreement will enhance mutual co-operation between India and Marshall Islands by providing an effective framework for exchange of information in tax matters which will help curb tax evasion and tax avoidance

Get access to all of our verified questions