9911796707
TMI BlogObject of the convention and persons coveredX X X X Extracts X X X X X X X X Extracts X X X X ..... of India at the headquarters of the Organisation for Economic Co-operation and Development (OECD) at Paris on the 26rd day of January, 2012 (hereinafter referred to as the said Convention); And, whereas, the instrument of ratification was deposited in OECD on 21st February 2010, the date of entry into force of the said convention for India is the 1st day of June, 2012 in accordance with paragraph ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tes of the Council of Europe and the member countries of the Organisation for Economic Co-operation and Development (OECD), signatories of this Convention. Considering that the development of international movement of persons, capital, goods and services - although highly beneficial in itself - has increased the possibilities of tax avoidance and evasion and therefore requires increasing co-operat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tax matters in all States and that States should endeavour to protect the legitimate interests of taxpayers, including appropriate protection against discrimination and double taxation; Convinced therefore that States should carry out measures or supply information, having regard to the necessity of protecting the confidentiality of information, and taking account of international instruments for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uch administrative assistance shall comprise: (a). exchange of information, including simultaneous tax examinations and participation in tax examinations abroad; (b). assistance in recovery, including measures of conservancy; and (c). service of documents. 3. A Party shall provide administrative assistance whether the person affected is a resident or national of a Party or of any other State. - - ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
