What does exchange of information mean?
Definitions for exchange of information
ex·change of in·for·ma·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word exchange of information.
Wikipedia
Exchange of information
In the area of tax policy, Exchange of Information is a critical tool in assuring compliance with tax codes. As the economy becomes increasingly globalized taxpayers gain greater freedom to move between countries and regions. Tax authorities, however, are restrained by national borders. In order for governments to ensure the proper application of their tax laws, the free and accurate exchange of information is critical. The OECD Centre for Tax Policy and Administration works to improve flow of information in this area and establish a legal framework to facilitate it.
Numerology
Chaldean Numerology
The numerical value of exchange of information in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of exchange of information in Pythagorean Numerology is: 6
Examples of exchange of information in a Sentence
FATCA will cost 10 times to the banks than it will generate for the IRS. It is going to be extremely complicated, we (will) try to convince the IRS to make something which is a bit lighter, a bit more reasonable. We are not in favor of automatic exchange of information.
The Luxembourg finance ministry:
Luxembourg, spontaneously and upon request, exchanges information on rulings with other countries, as foreseen by non-double taxation treaties, these developments are in line with Luxembourg's commitment to the initiative of the EU Commission to quickly present a draft directive aimed at introducing a mandatory automatic exchange of information on tax rulings.
At the moment, it’s matter of making certain we are hitting the right targets and we are not running any risk of conflict among ourselves, but it’s possible that if the political process moves more rapidly, there could be greater level of exchange of information and so forth.
We want to be present in international private banking only in countries that are engaged in automatic exchange of information.
There will have to be more exchange of information between e-cars and the grid to update the loading status in real-time, because otherwise, there can be the wrong impression about the speed of loading.
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"exchange of information." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/exchange+of+information>.
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