Exchange of information requires sharing tax-relevant data while protecting confidentiality and limiting disclosures under specified exceptions. Competent authorities must exchange information and documents necessary to implement the Convention and domestic tax laws for covered taxes, subject to a confidentiality rule treating received information as secret and restricting disclosure and use to persons and authorities engaged in assessment, collection, enforcement, prosecution, or appeals; public court proceedings or judicial decisions may disclose such information. Exceptions bar obligations to take measures contrary to domestic laws or practice, to provide unobtainable information, or to disclose trade secrets, trade processes, or information whose disclosure would be contrary to public policy.
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 sharing tax-relevant data while protecting confidentiality and limiting disclosures under specified exceptions.
Competent authorities must exchange information and documents necessary to implement the Convention and domestic tax laws for covered taxes, subject to a confidentiality rule treating received information as secret and restricting disclosure and use to persons and authorities engaged in assessment, collection, enforcement, prosecution, or appeals; public court proceedings or judicial decisions may disclose such information. Exceptions bar obligations to take measures contrary to domestic laws or practice, to provide unobtainable information, or to disclose trade secrets, trade processes, or information whose disclosure would be contrary to public policy.
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