MCQOPTIONS
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| 1. |
What is the main objective of the proposed international automated exchange of tax and banking information? |
| A. | To improve domestic tax compliance |
| B. | To facilitate a systematic and periodic transmission of bulk detailed taxpayer information by country of source of income to the country of residence of the taxpayer |
| C. | To exchange information only on the basis of requests on suspected tax evasion and other financial crimes |
| D. | neither of the above |
| Answer» C. To exchange information only on the basis of requests on suspected tax evasion and other financial crimes | |