TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Tax Agreement Mandates Information Exchange Between States While Protecting Confidentiality and Business Secrets Under DTAA Provisions</h1> The Double Tax Avoidance Agreement (DTAA) between the Contracting States outlines provisions for exchanging tax-related information. Competent authorities are required to share relevant information for enforcing tax laws, while ensuring confidentiality and limiting disclosure to authorized entities. The agreement prohibits the exchange of information that would violate domestic laws or reveal confidential business secrets unless public policy requires otherwise. States must use their information-gathering measures to fulfill requests, even if the information is not needed for their own purposes. The agreement also mandates that information held by financial institutions must be shared when requested, subject to certain limitations.
TaxTMI 
TaxTMI 
