Exchange of information facilitates tax administration assistance while protecting confidentiality and safeguarding individual rights. The Agreement requires competent authorities to provide assistance by exchanging information foreseeably relevant to the administration and enforcement of domestic tax laws, including determination, assessment, collection, recovery, enforcement and investigation or prosecution of tax matters; exchanged information must be treated as confidential, and the rights and safeguards afforded by the requested Party's laws or administrative practice remain applicable so long as they do not unduly prevent or delay effective exchange.
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 facilitates tax administration assistance while protecting confidentiality and safeguarding individual rights.
The Agreement requires competent authorities to provide assistance by exchanging information foreseeably relevant to the administration and enforcement of domestic tax laws, including determination, assessment, collection, recovery, enforcement and investigation or prosecution of tax matters; exchanged information must be treated as confidential, and the rights and safeguards afforded by the requested Party's laws or administrative practice remain applicable so long as they do not unduly prevent or delay effective exchange.
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