Exchange of information: states must share tax-related information and employ information-gathering measures despite lacking domestic interest. Article 27 requires competent authorities to exchange necessary tax information, including documents or certified copies, and mandates that received information be kept secret and used only by persons or authorities concerned with assessment, collection, enforcement, prosecution or appeals in relation to the taxes; it permits disclosure in public court proceedings. The Article exempts States from obligations to alter laws or administrative practice, to provide information unobtainable under domestic law, or to disclose trade or professional secrets or information contrary to public policy. Requested States must use information-gathering measures to obtain information even if they lack domestic interest, subject to those limitations.
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: states must share tax-related information and employ information-gathering measures despite lacking domestic interest.
Article 27 requires competent authorities to exchange necessary tax information, including documents or certified copies, and mandates that received information be kept secret and used only by persons or authorities concerned with assessment, collection, enforcement, prosecution or appeals in relation to the taxes; it permits disclosure in public court proceedings. The Article exempts States from obligations to alter laws or administrative practice, to provide information unobtainable under domestic law, or to disclose trade or professional secrets or information contrary to public policy. Requested States must use information-gathering measures to obtain information even if they lack domestic interest, subject to those limitations.
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