Exchange of information: confidentiality and limited-use rules enable tax cooperation while protecting lawful secrecy and administrative limits. Competent authorities shall exchange information and documents necessary for implementing the Agreement and relevant domestic tax laws, treated as confidential and disclosed only to persons or authorities involved in assessment, collection, enforcement, prosecution, or appeals, usable solely for those purposes; exchange may be routine or on request, and States are not obliged to take measures contrary to their laws or practice, to provide unobtainable information, or to disclose trade secrets or information 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: confidentiality and limited-use rules enable tax cooperation while protecting lawful secrecy and administrative limits.
Competent authorities shall exchange information and documents necessary for implementing the Agreement and relevant domestic tax laws, treated as confidential and disclosed only to persons or authorities involved in assessment, collection, enforcement, prosecution, or appeals, usable solely for those purposes; exchange may be routine or on request, and States are not obliged to take measures contrary to their laws or practice, to provide unobtainable information, or to disclose trade secrets or information contrary to public policy.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
