Pakistan, Switzerland to change of details about financial institution accounts

Federal Finance Minister Ishaq Dar in a coverage assertion within the Nationwide Meeting on Wednesday stated that Pakistan goes to signal an settlement with Switzerland on change of data concerning financial institution accounts on 21st of this month.
He stated a number of conferences had been held with the Swiss Authorities and now they’ve invited Pakistan to signal the settlement.
The Finance Minister stated Pakistan has already signed the Multilateral Conference on Tax Issues with Group for Financial Cooperation and Improvement (OECD) on September 14, 2016 which goes to be operationalized subsequent 12 months.
He stated Pakistan is the 104th member of the Group.
He stated after the operationalization of this conference, it will likely be unattainable to maintain tax evasion cash in these international locations.

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