Exchange of information: confidentiality-limited sharing for tax assessment under DTAA, excluding trade secrets between competent authorities. The Agreement authorises the competent authorities to exchange, as needed for implementation, information available under domestic taxation laws; such information must be kept secret and disclosed only to persons involved in assessment and collection of the covered taxes, and information that would reveal trade, business, industrial or professional secrets or trade processes must not be exchanged.
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: confidentiality-limited sharing for tax assessment under DTAA, excluding trade secrets between competent authorities.
The Agreement authorises the competent authorities to exchange, as needed for implementation, information available under domestic taxation laws; such information must be kept secret and disclosed only to persons involved in assessment and collection of the covered taxes, and information that would reveal trade, business, industrial or professional secrets or trade processes must not be exchanged.
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