Exchange of information: confidential tax-information sharing for assessments and anti-evasion, subject to narrow legal exceptions. Article 26 mandates necessary exchange of tax information for implementing the Convention and preventing fraud or evasion, requiring that received ... Summary
Exchange of information: confidential tax-information sharing for assessments and anti-evasion, subject to narrow legal exceptions.
Article 26 mandates necessary exchange of tax information for implementing the Convention and preventing fraud or evasion, requiring that received information be treated as secret and used only by persons or authorities engaged in assessment, collection, enforcement or appeals, with permitted disclosure in public court proceedings. It excludes obligations to take measures contrary to domestic law or practice, to provide information unobtainable under domestic law or normal administration, or to disclose trade or business secrets or information contrary to public policy.
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