India and Switzerland to Exchange Tax Data in 2019

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Last week, officials announced the commencement of the first exchanges of tax data between Switzerland and India which are anticipated to begin in early 2019.

The two nations created an agreement by signing a joint declaration declaring their goal to go into an automatic exchange of tax information in 2016 however the countries never made any concrete plans before now, so the implementation has been anticipated by the OECD for some time now.