Know your obligations: Exchange of Information Upon Request
The Commissioner for Revenue may, at any time, be requested by its counterpart in another jurisdiction, to submit information concerning taxpayers. For this purpose, certain persons have an obligation to maintain certain information and to make this information available to the Office of the CfR so as to enable it to fulfil its obligations under the Directive on Administrative Co-operation (“DAC” – Directive 2011/16/EC as revised). The rights of the Office of the CfR and the obligations of the relevant persons are set out in the S.L. 123.127 – Cooperation with Other Jurisdictions on Tax Matters Regulations (the “Regulations”)...
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