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Exchange of information requires supplying foreseeably relevant tax information subject to secrecy and statutory limitations. The Article requires Contracting States to exchange foreseeably relevant tax information, including documents or certified copies, for tax administration and enforcement; such information must be treated as secret and used only by authorized persons for assessment, collection, enforcement, prosecution, appeals or oversight, except where both States' laws allow other uses and the supplying State authorizes them. States need not act contrary to domestic law, produce unobtainable information, or disclose trade or professional secrets or information contrary to public policy, but must use information gathering measures even if they lack domestic interest, and cannot refuse solely because records are held by banks, nominees, agents or fiduciaries.
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 requires supplying foreseeably relevant tax information subject to secrecy and statutory limitations.
The Article requires Contracting States to exchange foreseeably relevant tax information, including documents or certified copies, for tax administration and enforcement; such information must be treated as secret and used only by authorized persons for assessment, collection, enforcement, prosecution, appeals or oversight, except where both States' laws allow other uses and the supplying State authorizes them. States need not act contrary to domestic law, produce unobtainable information, or disclose trade or professional secrets or information contrary to public policy, but must use information gathering measures even if they lack domestic interest, and cannot refuse solely because records are held by banks, nominees, agents or fiduciaries.
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