OECD updates Model Convention information exchange article and commentary | Practical Law

OECD updates Model Convention information exchange article and commentary | Practical Law

The OECD published a revised Model Tax Convention article 26 (exchange of information) and related commentary on 18 July 2012. The revision provides for group requests, allowing tax authorities to ask for information about a group of taxpayers without naming them individually, and clarifies a number of article 26's terms and concepts.

OECD updates Model Convention information exchange article and commentary

Practical Law UK Legal Update 7-520-5385 (Approx. 3 pages)

OECD updates Model Convention information exchange article and commentary

by PLC Tax
Published on 24 Jul 2012 • United Kingdom
The OECD published a revised Model Tax Convention article 26 (exchange of information) and related commentary on 18 July 2012. The revision provides for group requests, allowing tax authorities to ask for information about a group of taxpayers without naming them individually, and clarifies a number of article 26's terms and concepts.