Exchange of information obligations: requested jurisdictions must obtain and provide tax relevant ownership and financial data on request. The competent authority of the requested Party must provide, on request, information relevant to Article 1 for tax purposes regardless of whether the requested Party needs it or whether the conduct is criminal under its laws; it must use all relevant information gathering measures, may supply depositions and authenticated originals subject to domestic law, and obtain information from financial institutions, nominees, trustees and regarding legal and beneficial ownership of specified entities, while requests must demonstrate foreseeable relevance and the requested authority must acknowledge receipt, notify deficiencies within sixty days and explain inability to comply within ninety days.
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 obligations: requested jurisdictions must obtain and provide tax relevant ownership and financial data on request.
The competent authority of the requested Party must provide, on request, information relevant to Article 1 for tax purposes regardless of whether the requested Party needs it or whether the conduct is criminal under its laws; it must use all relevant information gathering measures, may supply depositions and authenticated originals subject to domestic law, and obtain information from financial institutions, nominees, trustees and regarding legal and beneficial ownership of specified entities, while requests must demonstrate foreseeable relevance and the requested authority must acknowledge receipt, notify deficiencies within sixty days and explain inability to comply within ninety days.
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