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Article 26

EXCHANGE OF INFORMATION

1.         The competent authorities of  the  Contracting States shall exchange such information as is necessary for carrying out the provisions of this Convention or of  the domestic laws of the Contracting States concerning  taxes covered  by  the  Convention  insofar  as  the   taxation thereunder  is  not  contrary  to  the  Convention.   Any information received  by a Contracting  State  shall  be treated  as  secret  in the same  manner  as  information obtained under the domestic laws of that State and  shall be  disclosed only to persons or  authorities  (including courts   and  administrative  bodies)  involved  in   the assessment   or   collection  of,  the   enforcement   or prosecution  in  respect  of,  or  the  determination  of appeals  in  relation  to,  the  taxes  covered  by   the Convention.  Such persons or authorities shall  use  the information  only for such  purposes.  They may  disclose the  information  in  public  court  proceedings  or in judicial decisions.

 

2.         In no case shall the provisions of paragraph 1 be  construed  so as to impose on a Contracting State the obligation:

           (a)        to  carry out administrative  measures  at variance with the

                        laws and  administrative practice   of   that  or  of   the   other

                        Contracting State;

           (b)        to   supply  information  which   is   not obtainable under the

                        laws or in the normal course of the administration of that or  

                        of the other Contracting State;

           (c)        to supply information which would disclose any    trade,   

                       business,     industrial, commercial or professional secret or

                       trade process, or information, the disclosure of which would

                       be contrary to public policy.

 

 

Article 27

DIPLOMATIC AGENTS AND CONSULAR OFFICERS

Nothing in this Convention shall affect the  fiscal privileges  of  diplomatic agents  or  consular  officers under the general rules of international law or under the provisions of special agreements.

 

 

Article 28

ENTRY INTO FORCE

1.         The Government of the Contracting States  shall notify  each other that the  constitutional  requirements for  the  entry into force of the  convention  have  been complied with.

 

2.         The Convention shall enter into force on the date of  the  latter  of  the  notifications  referred  to  in paragraph  1  and  its  provision  shall  have  effect:

           (a)        in Thailand:

                        (i)         in  respect of taxes withheld  at  the source, on

                                     amounts  paid or remitted on or after the first day of

                                     January next following  that in which the  Convention

                                     enters into force.

                         (ii)        in  respect of other taxes on  income, for   taxable 

                                      years   or   accounting periods  beginning  on  or 

                                      after  the first  day of January  next  following that in

                                      which the Convention enters into force.

           (b)        in Bangladesh:

                        in  respect  of  taxes  for  any  year   of assessment beginning 

                        on or after July 1  in the  calendar year next following  that  in

                        which the Convention enters into force.

 

 

Article 29

TERMINATION

This   Convention  shall  continue   in   effect indefinitely but either of the Contracting States may, on or before the thirtieth day of June in any calendar  year beginning after the expiration of a period of five  years from the date of its entry into force, give to the  other Contracting   State,  through  the  diplomatic   channel, written notice of termination.

In  such  event this Convention shall  cease  to have effect:

           (a)        in Thailand:

                        (i)         in  respect  of taxes  withheld  at  the source,  on

                                    amounts paid or remitted  on or  after the first day of

                                    January  next following  that in which the  notice  is

                                    given;

                        (ii)        in respect of other taxes on income, for taxable  years 

                                    or  accounting   periods beginning  on or after the first

                                    day  of January next following that in which the notice is

                                    given.

           (b)        in Bangladesh:

                        in  respect  of  taxes,  for  any  year  of assessment

                        beginning on or after the  first day  of  July in the  calendar 

                        year  next following  that  in  which  the  notice  is given.

 

IN  WITNESS  WHEREOF,   the  undersigned  duly  authorised thereto, by their respective Governments, havesigned this Convention.

Done  in duplicate at........this..........day       of.........in the English languages. 

 

For the Government of the Kingdom of Thailand
For the Government of the People's Republic of Bangladesh

 

 

Last updated: 08.12.2011