https://www.taxtmi.com/acts?id=16839 The competent authority of the Requested Party must provide information on request for treaty tax purposes irrespective of the Requested Party's own tax needs or whether conduct is a domestic crime, using all relevant information gathering measures available. Authorities must be able to obtain records from banks, financial institutions, nominees, trustees and persons acting in fiduciary capacities and secure legal and beneficial ownership information for entities, trusts and foundations, subject to an exception for publicly traded entities where disproportionate difficulties arise. Requests must specify identity, period, nature and form of information, tax purpose, grounds for its presence, possessor details, conformity with domestic law and exhaustion of domestic means, and the Requested Party must acknowledge and promptly act on requests. en-us Fri, 03 Aug 2012 18:14:00 +0530 Fri, 07 Feb 2025 11:25:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16839 The competent authority of the Requested Party must provide information on request for treaty tax purposes irrespective of the Requested Party's own tax needs or whether conduct is a domestic crime, using all relevant information gathering measures available. Authorities must be able to obtain records from banks, financial institutions, nominees, trustees and persons acting in fiduciary capacities and secure legal and beneficial ownership information for entities, trusts and foundations, subject to an exception for publicly traded entities where disproportionate difficulties arise. Requests must specify identity, period, nature and form of information, tax purpose, grounds for its presence, possessor details, conformity with domestic law and exhaustion of domestic means, and the Requested Party must acknowledge and promptly act on requests. Act-Rules DTAA Fri, 03 Aug 2012 18:14:00 +0530 https://www.taxtmi.com/acts?id=16839