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.
Turkey has also signed information-sharing protocols with the governments of Malaysia, Singapore and Luxembourg, Simsek said, according to Sabah.
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