Automatic exchange of information. 1. The competent authority of the Contracting Party where the paying agent is established, shall communicate the information referred to in Article 8 of the Directive to the competent authority of the other Contracting Party of residence of the beneficial owner.
2. The communication of information shall be automatic and shall take place at least once a year, within six months following the end of the tax year of the Contracting Party of the paying agent, for all interest payments made during that year.
3. Information exchange under this Convention shall be treated by the Contracting Parties in a manner consistent with the provisions of Article 7 of Directive 77/799/EEC.
Automatic exchange of information. The competent authorities of the Parties may automatically transmit information to each other for the purposes referred to in Article 1 (Object and Scope of this Agreement). The competent authorities of the Parties shall determine the items of information to be exchanged pursuant to this Article and the procedures to be used to exchange such items of information.
Automatic exchange of information. Parties may establish mechanisms of automatic exchange of data. To this end, Focal Points may regulate separately issues of procedure and technical details, including information security.
Automatic exchange of information. The Customs administrations may, by mutual arrangement in accordance with Article 28, exchange any information covered by this Agreement on an automatic basis.
Automatic exchange of information. With respect to categories of cases and in accordance with procedures which the competent authorities of the Contracting Parties shall determine by mutual agreement, they shall automatically exchange information for the purposes referred to in Article 1.
Automatic exchange of information. 1. The categories of information subject to automatic exchange shall be determined by the Joint Committee in accordance with Article 41.
2. A state may abstain from taking part in the automatic exchange of one or more categories of information referred to in paragraph 1 where the collection of information for such exchange would require the imposition of new obligations on persons liable for VAT or would impose a disproportionate administrative burden on that state.
3. Each state shall notify the Joint Committee in writing of its decision, taken in accordance with the previous paragraph.
Automatic exchange of information. The customs administrations may, by mutual arrangement in accordance with Article 20, exchange any information covered by this Agreement on an automatic basis.
Automatic exchange of information. 15.1 If Jersey enters into any agreements with other jurisdictions for the automatic exchange of tax or other information, GBTC may be required to collect and disclose Reportable Information in respect of a Data Subject, Entity or other relevant person connected to the Data Subject or Entity to foreign tax or governmental authorities either directly or via relevant Jersey statutory bodies. This obligation to obtain, disclose and exchange Reportable Information extends beyond the ultimate beneficial owner of the Entity to other relevant parties such as the directors, minority shareholders and persons who receive certain payments from the Entity.
15.2 The Client agrees that GBTC shall be entitled to comply with such reporting requirements and authorises GBTC to disclose Reportable Information. The Client further acknowledges that such reporting requirement may continue after the termination of this Agreement.
Automatic exchange of information. The competent authorities of the Territories may automatically transmit information to each other for the purposes referred to in Paragraph 1 (Scope of Arrangement). The Territories shall determine the items of information to be exchanged pursuant to this Paragraph and the procedures to be used to exchange such items of information.
Automatic exchange of information. 1. The Parties may, by mutual arrangement in accordance with Article 15 of this Protocol:
(a) exchange any information covered by this Protocol on an automatic basis;
(b) exchange specific information in advance of the arrival of consignments in the territory of the other Party.
2. The Parties will establish arrangements on the type of information they wish to exchange, the format and the frequency of transmission.
