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| ISSUE 96 - Apr 2012 |
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Macau and India ink tax agreement
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Posted: 1/4/2012 3:13:10 PM
India has become the latest partner to sign an agreement with Macau that will assist both governments in preventing offshore tax avoidance and evasion.
A delegation from India yesterday signed the Tax Information Exchange Agreement with Macau secretary for economy and finance, Francis Tam Pak Yuen.
This is the 14th such agreement that Macau has inked with other countries or regions.
The agreement provides a legal basis for Macau and India to exchange taxpayer information.
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| Other Macau Latest News |
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| Rashid Suliman will be responsible for the sales of the company’s products in Macau |
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| The exhibit will last until September 16 |
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| Around 50 Melco Crown employees have joined forces to form two teams |
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| Wage increases outpace the inflation rate |
| Headlines |
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| Casinos will have to divide their floor into smoking and non-smoking areas starting next year |
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| The average transaction price of all residential units sold in the first three months of 2012 reaches a new all-time high |
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| The company’s president and CEO has had his contract extended until August next year |
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| Gov’t authorisation is “just a formality”, English-language newspaper Business Daily reports |
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