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As Dubai prepares to change tax laws

As Dubai prepares to change tax laws

Tuesday, March 14, 2017, 1:36 PM

Many Indians are making a last-ditch attempt to hide their undeclared wealth stashed abroad, with Dubai often the last resort for many no longer remaining as friendly a tax haven as it once. They hope to mask their wealth behind financial structures and special arrangements with professional service providers before January 2018 when the UAE begins to share information with India on bank accounts.
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