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Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.

ARTICLE 27

Exchange of Information

The competent authorities of the States shall exchange such information as is necessary for the carrying out of this Convention or of the domestic laws of the States concerning the taxes covered by this Convention, in so far as the levying of such taxes is not at variance with this Convention. The exchange of information shall not be limited to Article 1. All information obtained from one of the States shall be treated as secret, in the same way as information obtained under the domestic law of that State, and shall be disclosed only to persons or authorities (including judicial authorities and public bodies) concerned with assessment or collection, enforcement or judicial proceedings, or ruling on appeals, in respect of the taxes which are the subject of this Convention. The said persons or authorities shall not make use of such information otherwise than for the aforesaid purposes. These persons and authorities may disclose the information in public courts or in judicial decisions.