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India and Germany to Continue to Exchange Tax Related Information Spontaneously on the Basis of the Existing Agreements;

Dated:- 28-8-2015 - Both Countries Agreed to Explore Other Possibilities of Enhancing Exchange of Information; They Agreed to Resume Negotiations on Partial Revision of the DTAA Between the two Countries with a View to Bring the Provisions Relating to Exchange of Information to International Standards A High Level delegation led by the Revenue Secretary Shri Shaktikanta Das had a meeting with the State Secretary Mr. Johannes Geismann and other senior officers of the Federal Ministry of Finance, .....

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tion. (ii) As signatories to the Multilateral Competent Authority Agreement regarding automatic exchange of information on financial accounts, Germany and India will begin negotiations as soon as possible towards a memorandum of understanding laying out the technical details of automatic information exchanges on financial accounts. (iii) India and Germany agreed to resume negotiations on partial revision of the DTAA between the two countries with a view to bring the provisions relating to exchan .....

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