Exchange of Tax Information secured by treaty between India and Belize now operative, enabling cross-border tax inquiries and record sharing. An agreement between India and Belize provides that the competent authorities shall exchange information foreseeably relevant to the administration and enforcement of domestic tax laws, covering taxes of every kind imposed by central and local governments and extending to substantially similar future taxes. Requests must demonstrate foreseeable relevance and the requested Party shall use all relevant information gathering measures, including obtaining information from banks, financial institutions, nominees, trustees and regarding legal and beneficial ownership, subject to territorial limits and protections for trade secrets and privileged communications.