Exchange of information obliges States to obtain and share tax relevant data while preserving confidentiality and limited use. Article 28 creates an obligation for competent authorities to exchange information foreseeably relevant to implementing the Convention or administering domestic tax laws, including documents and certified copies, and requires a State to use its information gathering measures to obtain requested information even if not needed for its own tax purposes. Information received must be treated as secret like domestic tax information, disclosed only to persons or authorities concerned with assessment, collection, enforcement, prosecution, appeals or oversight and used only for those purposes, subject to permitted public court disclosure and the Article's limitations regarding domestic law, unobtainable information, and protected trade or public policy secrets.
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 obliges States to obtain and share tax relevant data while preserving confidentiality and limited use.
Article 28 creates an obligation for competent authorities to exchange information foreseeably relevant to implementing the Convention or administering domestic tax laws, including documents and certified copies, and requires a State to use its information gathering measures to obtain requested information even if not needed for its own tax purposes. Information received must be treated as secret like domestic tax information, disclosed only to persons or authorities concerned with assessment, collection, enforcement, prosecution, appeals or oversight and used only for those purposes, subject to permitted public court disclosure and the Article's limitations regarding domestic law, unobtainable information, and protected trade or public policy secrets.
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