https://www.taxtmi.com/news?id=3571 A Tax Information Exchange Agreement establishes cross-border sharing of tax information when such information is foreseeably relevant to administration and enforcement of domestic tax laws; the requesting State must provide minimum details to justify relevance. The requested Party must supply information upon request-even if not needed for its own tax purposes-and provide banking and ownership information. Exchanged information is confidential, may only be disclosed to designated tax or appeal authorities, and further disclosure to other persons or jurisdictions requires written consent of the competent authority; the agreement allows tax examinations abroad and exchange upon entry into force. en-us Fri, 03 Aug 2012 10:09:15 +0530 Fri, 03 Aug 2012 10:09:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3571 A Tax Information Exchange Agreement establishes cross-border sharing of tax information when such information is foreseeably relevant to administration and enforcement of domestic tax laws; the requesting State must provide minimum details to justify relevance. The requested Party must supply information upon request-even if not needed for its own tax purposes-and provide banking and ownership information. Exchanged information is confidential, may only be disclosed to designated tax or appeal authorities, and further disclosure to other persons or jurisdictions requires written consent of the competent authority; the agreement allows tax examinations abroad and exchange upon entry into force. News - Fri, 03 Aug 2012 10:09:15 +0530 https://www.taxtmi.com/news?id=3571