Exchange of tax information enabling mutual assistance and information-gathering measures to support tax administration and enforcement. The Agreement requires competent authorities to exchange information foreseeably relevant to administration and enforcement of taxes, empowers authorities to use information-gathering measures including bank and ownership data and depositions, imposes procedural requirements for requests and prompt responses, allows refusal on specified grounds including public policy and privilege, mandates confidentiality and restricted use of received information, and addresses costs, implementation legislation, mutual agreement procedures, entry into force, and termination with survival of confidentiality obligations.
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 tax information enabling mutual assistance and information-gathering measures to support tax administration and enforcement.
The Agreement requires competent authorities to exchange information foreseeably relevant to administration and enforcement of taxes, empowers authorities to use information-gathering measures including bank and ownership data and depositions, imposes procedural requirements for requests and prompt responses, allows refusal on specified grounds including public policy and privilege, mandates confidentiality and restricted use of received information, and addresses costs, implementation legislation, mutual agreement procedures, entry into force, and termination with survival of confidentiality obligations.
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