Mutual assistance in tax collection conditioned on final determination and asset exhaustion, with cost reimbursement and public policy limits. The Article provides for mutual assistance in collecting Convention-related taxes, interest, costs, and civil penalties as a revenue claim, conditioned on certification that the claim is finally determined under the requesting State's law and that local assets are inadequate. Collected funds are forwarded to the requester, with possible reimbursement of assisting-State costs by mutual agreement, and States may refuse measures contrary to their public policy; application begins on a mutually agreed date.
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.
Mutual assistance in tax collection conditioned on final determination and asset exhaustion, with cost reimbursement and public policy limits.
The Article provides for mutual assistance in collecting Convention-related taxes, interest, costs, and civil penalties as a revenue claim, conditioned on certification that the claim is finally determined under the requesting State's law and that local assets are inadequate. Collected funds are forwarded to the requester, with possible reimbursement of assisting-State costs by mutual agreement, and States may refuse measures contrary to their public policy; application begins on a mutually agreed date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
