Exchange of information obligations require sharing tax-related data for tax administration while preserving confidentiality and legal limits. Competent authorities must exchange information necessary to administer the Agreement and domestic tax laws, including prevention of fiscal evasion; exchanged information is secret and may be disclosed only to persons or authorities involved in assessment, collection, enforcement or appeals and used solely for those purposes, with permitted disclosure in public court proceedings. States are not obliged to act contrary to their laws or practices, to provide information not obtainable under their law or normal administration, or to disclose trade or professional secrets or information contrary to public policy; they must endeavour to obtain and, where lawful, provide requested depositions and original documents.
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 require sharing tax-related data for tax administration while preserving confidentiality and legal limits.
Competent authorities must exchange information necessary to administer the Agreement and domestic tax laws, including prevention of fiscal evasion; exchanged information is secret and may be disclosed only to persons or authorities involved in assessment, collection, enforcement or appeals and used solely for those purposes, with permitted disclosure in public court proceedings. States are not obliged to act contrary to their laws or practices, to provide information not obtainable under their law or normal administration, or to disclose trade or professional secrets or information contrary to public policy; they must endeavour to obtain and, where lawful, provide requested depositions and original documents.
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