Minor and Administrative Errors. A Competent Authority shall notify the Competent Authority of the other Party when the first-mentioned Competent Authority has reason to believe that administrative errors or other minor errors may have led to incorrect or incomplete information reporting or resulted in other infringements of this Agreement. The Competent Authority of such other Party shall apply its domestic law (including applicable penalties) to obtain corrected and/or complete information or to resolve other infringements of this Agreement.
Appears in 73 contracts
Samples: Agreement to Improve International Tax Compliance and to Implement Fatca, International Tax Compliance Agreement, Inter Governmental Agreement and Memorandum of Understanding (Mou)
Minor and Administrative Errors. A Competent Authority shall notify the Competent Authority of the other Party when the first-mentioned Competent Authority has reason to believe that administrative errors or other minor errors may have led to incorrect or incomplete information reporting or resulted in other infringements of this Agreement. The Competent Authority of such other Party shall apply endeavor, including where appropriate by applying its domestic law (including applicable penalties) ), to obtain corrected and/or complete information or to resolve other infringements of this Agreement.
Appears in 2 contracts
Samples: Agreement Between the Government of Canada and the Government of the United States of America to Improve International Tax Compliance, Agreement to Improve International Tax Compliance