Agreement between the Government of the Republic of Finland and the Government of the United Arab Emirates for the exchange of information relating to tax matters (SopS 78–79/2017)

The Government of the Republic of Finland and the Government of the United Arab Emirates, desiring to strengthen their economic cooperation and to combat international tax avoidance and evasion in relation to taxes by concluding an Agreement for the exchange of information relating to tax matters which will further promote and facilitate the flow of capital between the two countries, have agreed as follows:

Article 1

Object and Scope of the Agreement

1. The competent authorities of the Contracting Parties shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of the domestic laws of the Contracting Parties concerning taxes covered by this Agreement. Such information shall include information that is foreseeably relevant to the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims, or the investigation or prosecution of tax matters. Information shall be exchanged in accordance with the provisions of this Agreement and shall be treated as confidential in the manner provided in Article 7. The rights and safeguards secured to persons by the laws or administrative practice of the requested Party remain applicable to the extent that they do not unduly prevent or delay effective exchange of information.

Article 2

Jurisdiction

A requested Party is not obligated to provide information w...