https://www.taxtmi.com/acts?id=5081 The Article requires competent authorities to exchange information foreseeably relevant for implementing the Agreement or administering domestic tax laws, including documents and certified copies; such information must be kept secret and disclosed only to persons and authorities involved in tax assessment, collection, enforcement, prosecution, appeals or oversight and used only for those purposes unless both States' laws and the supplying authority permit other uses. It limits the obligation to supply information where doing so would conflict with domestic laws or practices, where information is unobtainable in the normal course, or would disclose trade or professional secrets or be contrary to public policy, while requiring use of information gathering measures even absent domestic interest and disallowing refusal solely because information is held by financial intermediaries or relates to ownership interests. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 25 Nov 2024 17:26:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5081 The Article requires competent authorities to exchange information foreseeably relevant for implementing the Agreement or administering domestic tax laws, including documents and certified copies; such information must be kept secret and disclosed only to persons and authorities involved in tax assessment, collection, enforcement, prosecution, appeals or oversight and used only for those purposes unless both States' laws and the supplying authority permit other uses. It limits the obligation to supply information where doing so would conflict with domestic laws or practices, where information is unobtainable in the normal course, or would disclose trade or professional secrets or be contrary to public policy, while requiring use of information gathering measures even absent domestic interest and disallowing refusal solely because information is held by financial intermediaries or relates to ownership interests. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5081