https://www.taxtmi.com/acts?id=37606 Article 5 creates a procedure for whereby the requested Party must provide relevant tax information and, if necessary, use all available information gathering measures to comply. Competent authorities must have powers to obtain records from banks, financial institutions, nominees, trustees and to disclose legal and beneficial ownership information for various entity types, subject to limitations where obtaining ownership information for publicly traded entities would cause disproportionate difficulties. Requests must state identity, period, information sought, tax purpose, grounds for jurisdiction, custodians, conformity with domestic law and efforts made to obtain the information domestically; the requested authority must acknowledge receipt and notify deficiencies or inability to comply within specified timeframes. en-us Wed, 18 Sep 2019 09:42:35 +0530 Fri, 07 Feb 2025 15:21:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37606 Article 5 creates a procedure for whereby the requested Party must provide relevant tax information and, if necessary, use all available information gathering measures to comply. Competent authorities must have powers to obtain records from banks, financial institutions, nominees, trustees and to disclose legal and beneficial ownership information for various entity types, subject to limitations where obtaining ownership information for publicly traded entities would cause disproportionate difficulties. Requests must state identity, period, information sought, tax purpose, grounds for jurisdiction, custodians, conformity with domestic law and efforts made to obtain the information domestically; the requested authority must acknowledge receipt and notify deficiencies or inability to comply within specified timeframes. Act-Rules DTAA Wed, 18 Sep 2019 09:42:35 +0530 https://www.taxtmi.com/acts?id=37606