Exchange of information enables tax-related data sharing for administration and fraud prevention, subject to confidentiality and limited disclosure. The exchange provision requires competent authorities to share necessary tax information and documents for administration and prevention of fraud and evasion, treating received information as secret under the recipient's domestic law; originally secret information may be disclosed only to specified authorities for assessment, collection, enforcement, prosecution, or appeals and used solely for those purposes, though disclosure in public court proceedings or judicial decisions is permitted. Exchanges may be routine or on request, and no State is required to contravene its laws or disclose information unobtainable in normal administration or 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 enables tax-related data sharing for administration and fraud prevention, subject to confidentiality and limited disclosure.
The exchange provision requires competent authorities to share necessary tax information and documents for administration and prevention of fraud and evasion, treating received information as secret under the recipient's domestic law; originally secret information may be disclosed only to specified authorities for assessment, collection, enforcement, prosecution, or appeals and used solely for those purposes, though disclosure in public court proceedings or judicial decisions is permitted. Exchanges may be routine or on request, and no State is required to contravene its laws or disclose information unobtainable in normal administration or protected trade or public policy secrets.
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