Examples of Tax Information Exchange Agreements in a sentence
Information on Tax Information Exchange Agreements entered into, Double Tax Agreements and Exchange Controls.
More generally, Tax Information Exchange Agreements assist in improving the efficiency of tax information exchange and help to ensure that the international consensus on fiscal transparency and exchange of information is met.
Tax Information Exchange Agreements of the kind contained in the Schedule to the Order facilitate the exchange of information between tax authorities relevant to the administration or enforcement or recovery of taxes, and debts relating to those taxes, covered by the Agreement.
All of the UK’s recent Tax Information Exchange Agreements broadly follow the approach adopted in the Organisation for Economic Cooperation and Development’s (“OECD”) Model Agreement on Exchange of Information on Tax Matters.
It also recognises the Virgin Islands’ commitment on international cooperation matters, including the recent reforms to its legislative regime on beneficial ownership and its commitment to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, the signing of 28 Tax Information Exchange Agreements and enactment of legislation to implement the US FATCA, UK FATCA and OECD Common Reporting Standards.
Tax Information Exchange Agreements enable countries to obtain information to assist them to properly enforce their domestic tax laws.
OECD website, 213, “List of Tax Information Exchange Agreements (TIEAs): Netherlands”, http://www.oecd.org/tax/transparency/ taxinformationexchangeagreementstieasnetherlands.htm.
We urge all jurisdictions to stand ready to conclude Tax Information Exchange Agreements where requested by a relevant partner.
Even in those cases in which bilateral information sharing treaties, referred to as Tax Information Exchange Agreements (TIEAs) were in place, they had limits.
The role of the competent authority includes the exchange of information and providing assistance in collection of taxes based on the following exchange instruments: DTAs, Tax Information Exchange Agreements (TIEAs) and multilateral treaties.