Exchange of information enables mutual tax information sharing while preserving confidentiality and limited disclosure exceptions. The DTAA requires competent authorities to exchange necessary information, including documents or certified copies, to implement the Convention and domestic tax laws for covered taxes, with information treated as secret and disclosed only to persons or authorities concerned with assessment, collection, enforcement, prosecution or appeals and used solely for those purposes; public court proceedings or judicial decisions may disclose such information. The obligation excludes measures contrary to domestic laws or practices, information not obtainable in normal administration, and disclosure of trade or professional secrets or information contrary to public policy.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exchange of information enables mutual tax information sharing while preserving confidentiality and limited disclosure exceptions.
The DTAA requires competent authorities to exchange necessary information, including documents or certified copies, to implement the Convention and domestic tax laws for covered taxes, with information treated as secret and disclosed only to persons or authorities concerned with assessment, collection, enforcement, prosecution or appeals and used solely for those purposes; public court proceedings or judicial decisions may disclose such information. The obligation excludes measures contrary to domestic laws or practices, information not obtainable in normal administration, and disclosure of trade or professional secrets or information contrary to public policy.
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