Jaitley embarks on 4-day visit to Paris, to sign OECD tax pact

Finance Minister Arun Jaitley today embarked on a four-day visit to Paris during which he will address foreign investors and sign the Organization for Economic Co-operation and Development (OECD) pact that aims to check cross border tax evasion by MNCs

Jaitley will deliver the keynote address at the OECD meeting tomorrow and participate in a panel discussion on ’Stocktaking on Globalisation.’

Other participants in the panel discussion include OECD Secretary General Angel Gurria and Denmark Minister of Foreign Affairs, Anders Samuelsen.

He will also participate in discussion sessions on ‘The Challenges of



Globalisation and the OECD’ and ‘Cashless Society and Fintech’.

He will also hold a bilateral meeting with Gurria, as well as Denmark Foreign Minister, Anders Samuelsen and Finland Minister of Foreign Trade and Development, Kai Mykkanen.

“Thereafter, the Finance Minister will participate in the Signing Ceremony for BEPS Convention and will make a statement on the occasion of the Signing Ceremony,” a statement by the Finance Ministry said.

The Union Cabinet had last month approved signing of the multilateral convention of the Organisation for Economic Cooperation and Development (OECD).