TY - BOOK ID - 7765327 TI - Global Forum on Transparency and Exchange of Information for Tax Purposes peer reviews : India 2010 : phase 1, September 2010 (reflecting the legal and regulatory framework as at May 2010). AU - Global Forum on Transparency and Exchange of Information for Tax Purposes. AU - Organisation for Economic Co-operation and Development. PY - 2010 SN - 1282985612 9786612985614 9264095535 9264095527 9789264095533 PB - [Paris] : OECD, DB - UniCat KW - Taxation -- India. KW - Taxation -- International cooperation. KW - Taxation -- Law and legislation -- India. KW - Transparency in government. KW - Political Science KW - Law, Politics & Government KW - Public Finance KW - Taxation KW - Transparency in government KW - Government information KW - International cooperation. KW - Information, Government KW - Government in the sunshine KW - Openness in government KW - Sunshine, Government in the KW - Transparence in government KW - Duties KW - Fee system (Taxation) KW - Tax policy KW - Tax reform KW - Taxation, Incidence of KW - Taxes KW - Freedom of information KW - Public records KW - Open government (Transparency in government) KW - Public administration KW - Finance, Public KW - Revenue KW - India UR - https://www.unicat.be/uniCat?func=search&query=sysid:7765327 AB - The Global Forum on Transparency and Exchange of Information for Tax Purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out by over 90 jurisdictions which participate in the work of the Global Forum on an equal footing. The Global Forum is charged with in-depth monitoring and peer review of the implementation of the standards of transparency and exchange of information for tax purposes.  These standards are primarily reflected in the 2002 OECD Model Agreement on Exchange of Information on Tax Matters and its commentary, and in Article 26 of the OECD Model Tax Convention on Income and on Capital and its commentary as updated in 2004, which has been incorporated in the UN Model Tax Convention. The standards provide for international exchange on request of foreseeably relevant information for the administration or enforcement of the domestic tax laws of a requesting party. “Fishing expeditions” are not authorised, but all foreseeably relevant information must be provided, including bank information and information held by fiduciaries, regardless of the existence of a domestic tax interest or the application of a dual criminality standard. All members of the Global Forum, as well as jurisdictions identified by the Global Forum as relevant to its work, are being reviewed. This process is undertaken in two phases. Phase 1 reviews assess the quality of a jurisdiction’s legal and regulatory framework for the exchange of information, while Phase 2 reviews look at the practical implementation of that framework.  Some Global Forum members are undergoing combined – Phase 1 plus Phase 2 – reviews. The ultimate goal is to help jurisdictions to effectively implement the international standards of transparency and exchange of information for tax purposes. All review reports are published once approved by the Global Forum and they thus represent agreed Global Forum reports. ER -