Common use of Automatic exchange of information Clause in Contracts

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. (1. ) The competent authority Competent Authority of the Contracting Party State where the paying agent Paying Agent is established, shall communicate the information referred to in Article 8 of the Directive to the competent authority Competent Authority of the other Contracting Party State of residence of the beneficial ownerBeneficial 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 State of the paying agentPaying Agent, for all interest payments Interest Payments made during that year. (3. ) Information exchange under this Convention shall be treated by the Contracting Parties States in a manner consistent with the provisions of Article 7 of Directive 77/799/EEC.

Automatic exchange of information. 1. The competent authority Competent Authority of the Contracting Party State where the paying agent Paying Agent is established, shall communicate the information referred to in Article 8 of the Directive to the competent authority Competent Authority of the other Contracting Party State of residence of the beneficial ownerBeneficial 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 State of the paying agentPaying Agent, for all interest payments Interest Payments made during that year. 3. Information exchange under this Convention shall be treated by the Contracting Parties States in a manner consistent with the provisions of Article 7 of Directive 77/799/EEC.

Automatic exchange of information. 1. The competent authority of the Contracting Party State 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 State 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 State 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 States in a manner consistent with the provisions of as set out in Article 7 of Directive 77/799/EEC.

Automatic exchange of information. (1. ) The competent authority of the Contracting Party State 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 State 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 State 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 States in a manner consistent with the provisions of as set out in Article 7 of Directive 77/799/EEC.

Automatic exchange of information. 1. The competent authority Competent Authority of the Contracting Party State where the paying agent Paying Agent is established, shall communicate the information referred to in Article 8 of the Directive to the competent authority Competent Authority of the other Contracting Party State of residence of the beneficial ownerBeneficial Owner. 2. The communication of information shall sha ll 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 State of the paying agentPaying Agent, for all interest payments Interest Payments made during that year. 3. Information exchange under this Convention shall be treated by the Contracting Parties States in a manner consistent with the provisions of Article 7 of Directive 77/799/EEC.