(a) Whether any changes should be made in the exchange of information obligations of the transmitting State (the State transmitting the information)

If the transmitting State is to exchange information automatically with the receiving State, payors of income in the transmitting State must report automatically the relevant information to the transmitting State.

Therefore, in this fact situation, the transmitting State can comply with the exchange of information request of the transmitting State.

Changes in the obligations of the transmitting State to exchange information

What information should the transmitting State normally receive from domestic sources in order that the transmitting State may be able to effectively exchange information with the receiving State?

(f) What information the transmitting State should normally receive from domestic sources in order that the transmitting State may be able to effectively exchange information with the receiving State

If the transmitting State does not generally receive that information from payors of income by a method of automatic reporting, the transmitting State generally cannot exchange information automatically with tax treaty partners.

However, neither 2005 OECD article 26 nor the Commentary thereon actually requires the transmitting State to obtain information, and to have information available to it, in order for that transmitting State to be able to exchange information with the receiving State.

Automatic exchange of information would normally result in voluminous amounts of information, about residents, citizens or other taxpayers of the receiving State deriving income from sources in the transmitting State, being transmitted by the transmitting State to the receiving State ( transmitted information ).

So actually, it's filled with 100 billion neurons just zizzing away, electrically transmitting information, zizzing, zizzing.

UN Model article 26 (1) covers two separate issues (a) the obligations of the transmitting State to exchange information and (b) the obligations of the receiving State with regard to information received by the receiving State from the transmitting State.

Changes in the purposes for which the receiving State can use the information received from the transmitting State

Whether or nor the transmitting State has an automatic reporting system with regard to interest earned by foreign persons, the receiving State can provide to the transmitting State enough details for the transmitting State to obtain the relevant information from the payors of income.

Unfortunately for both, their main strengths transmitting information and connecting people happen to be what the Internet does best.

Even more crucial has been the enormous drop in the cost of transmitting information, which reduces barriers to entry.

(d) Whether the obligation to exchange information should override bank secrecy and other confidentiality laws in the transmitting State

Recognizing the important role of the media in transmitting information and forming values, effective and free institutions are required.

In this way, the transmitting State attracts investments from foreign persons who know that, in the general case, the transmitting State will not have the relevant information to exchange with the receiving State.

This would require the transmitting State to compile the relevant information based on the TIN used in the receiving State.

2005 OECD article 26 modified that and treats separately each of these two issues, in two separate paragraphs article 26 (1) (obligations of the transmitting State to exchange information) and article 26 (2) (obligations of the receiving State with regard to information received from the transmitting State).

Transmitting file data

(b) Whether any changes should be made in the purposes for which the receiving State (the State receiving the information) can use the information received from the transmitting State

It follows that the means of collecting, evaluating, and transmitting information must be shared and placed at the service of humankind.

Peer to peer technologies make filtering more difficult, because they put nearly any consumer of information into the process of transmitting it.

The current global revolution is based on rapid technological advances that have dramatically decreased the cost of creating, finding, and transmitting information.

However, such payors of income would not be required to provide such information automatically to the tax authorities of the transmitting State.

Can the transmitting State validly claim that it engages in effective exchange of information if it permits such de facto bank secrecy?

(h) Note by the Secretary General transmitting the third annual report of the Information and Communication Technologies Task Force (E 2005 71)

Even though the income tax treaty between the transmitting State and the receiving State may have an exchange of information clause similar to 2005 OECD article 26 overriding bank secrecy and other confidentiality laws in the transmitting State, in this situation the transmitting State cannot comply with the request of the receiving State.

However, the transmitting State may exempt from taxation in the transmitting State certain payments by payors of income located in that transmitting State to non residents and foreign companies not doing business in the transmitting State.

(g) What practical steps the transmitting State and the receiving State should take in order to facilitate and improve effective exchange of information.

Harkening back to Susan Blackmore's talk, we now have a means of transmitting information with heredity and selection, and we know where that leads.

Therefore, the transmitting State would have to transmit to the receiving State the relevant information codified by the TIN used in the receiving State.

The signal fire is no doubt one of the oldest technologies for transmitting information perhaps dating back to the first controlled use of fire.

Harkening back to Susan Blackmore's talk, we now have a means of transmitting information with heredity and selection, and we know where that leads.

The transmitting State can place obstacles in the way of achieving an effective exchange of information with a tax treaty partner in spite of an exchange of information clause similar to 2005 OECD article 26.

The most significant recent development is that exchange of information provisions in tax treaties should override bank secrecy and other confidentiality laws in the transmitting State.

With regard to exchange of information on request, there are at least two possible situations in which the receiving State may want information about one of its residents, citizens or other taxpayers from the transmitting State.

In addition, the Organization apos s efforts have focused on transmitting information on international labour standards so as to encourage the transition economies to adhere to them.

For this purpose, I am transmitting herewith, for your information and appropriate action, the text of the letter and its enclosure from the Chairman of the Committee.

For this purpose, I am transmitting herewith, for your information and appropriate action, the text of the letter and its enclosures from the Chairman of the Committee.

For this purpose, I am transmitting herewith for your information and appropriate action the text of the letter and its enclosures from the Acting Chairman of the Committee.

It also works for transmitting and communicating data.

(b) Promote and facilitate the exchange of information on measures adopted by the Parties, and determine the form and timetable for transmitting the information to be submitted pursuant to article 26, review the reports and make recommendations on them

(b) promote and facilitate the exchange of information on measures adopted by the Parties, and determine the form and timetable for transmitting the information to be submitted pursuant to article 26, review the reports and make recommendations on them