TMI BlogExchange of informationX X X X Extracts X X X X X X X X Extracts X X X X ..... omestic laws concerning taxes of every kind and description imposed on behalf of the States, or of their political subdivisions or local authorities, insofar as the taxation thereunder is not contrary to the Convention. The exchange of information is not restricted by Articles 1 and 2. 2. Any information received under paragraph 1 by a State shall be treated as secret in the same manner as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... case shall the provisions of paragraphs 1 and 2 be construed so as to impose on a State the obligation: a. to carry out administrative measures at variance with the laws and administrative practice of that or of the other State; b. to supply information which is not obtainable under the laws or in the normal course of the administration of that or of the other State; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of paragraph 3 be construed to permit a State to decline to supply information solely because the information is held by a bank, other financial institution, nominee or person acting in an agency or a fiduciary capacity or because it relates to ownership interests in a person. ] ---------------------- Notes:- 1. Deleted and Replaced vide Notification No. 2/2013, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mination of appeals in relation to, the taxes which are the subject of the Convention. Such persons or authorities shall use the information only for such purposes but may disclose the information in public court proceedings or in judicial decisions. 2. In no case shall the provisions of paragraph 1 be construed so as to impose on one of the States the obligation: (a) to carry out administrati ..... X X X X Extracts X X X X X X X X Extracts X X X X
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