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Panama signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters

DATE: November 3, 2016 | AUTHOR: atlawyers

On October 27, 2016  Panama signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, developed by the Organisation for Economic Co-operation and Development (OECD). The Convention was adopted in 1988 to establish an effective mechanism for cooperation between tax authorities of the different states against cross-border tax evasion. Panama has become 105th party to the Convention. Russia has ratified the Convention in 2014.

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