Exchange of information enables confidential cross border sharing for tax assessment, enforcement, appeals, and oversight. The Article establishes a mutual exchange of information mechanism for information foreseeably relevant to administering and enforcing tax laws and the Convention; requested States must use their information gathering measures even if they lack a domestic need, subject to limits. Information received is to be treated as secret, disclosed only to authorities concerned with assessment, collection, enforcement, prosecution, appeals, or oversight and used solely for those purposes, with permitted disclosure in public court proceedings and authorised use for other purposes where both States' laws and the supplying State allow.
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 confidential cross border sharing for tax assessment, enforcement, appeals, and oversight.
The Article establishes a mutual exchange of information mechanism for information foreseeably relevant to administering and enforcing tax laws and the Convention; requested States must use their information gathering measures even if they lack a domestic need, subject to limits. Information received is to be treated as secret, disclosed only to authorities concerned with assessment, collection, enforcement, prosecution, appeals, or oversight and used solely for those purposes, with permitted disclosure in public court proceedings and authorised use for other purposes where both States' laws and the supplying State allow.
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