Turkey to Track Money Hidden in Foreign Accounts, Sabah Says
By Benjamin Harvey - Aug 6, 2012 7:54 AM GMT+0200
Turkey is working on agreements with governments around the world to allow it to better track and prevent tax evasion, Finance Minister Mehmet Simsek said, according to Sabah newspaper.
An accord with Switzerland goes into effect on Jan. 1, while Turkey is working on agreements with 10 other international tax havens it’s identified including the Bahamas, the Virgin Islands and Panama, the Istanbul-based newspaper quoted Simsek as saying.
More:Turkey to Track Money Hidden in Foreign Accounts, Sabah Says - Bloomberg
