American coffee retail giant Starbucks is lobbying hard with lawmakers and government officials in the US to facilitate it..

As per a report published in the daily DNA, the money in the
Swiss bank accounts of Indian holders has been taken out and placed
into safe countries with which India doesn't have bilateral
treatise. It seems, this has become possible owing to the habitual
or intentional delay by the government in pursuing the issue.
The investigating agencies have recorded a flurry of transfers from
the Swiss bank accounts they'd been tracing for years. The money
has been diverted to places like Macau, Isle of Man, New Jersey
Island, Caymon Islands and Seychelles, all of which are tax
havens.
The Income Tax department and Financial Intelligence Unit have been
notified of the developments but the officials are sceptical about
what can be done now.
IBTL
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American coffee retail giant Starbucks lobbies with US govt for India entry
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