7 All information exchanged is subject to confidentiality and other guarantees under the agreement, including provisions limiting the use of the information exchanged. Tax Information Exchange Agreements (TIEA) provide for the exchange of information on request in the context of a specific criminal or civil tax investigation or civil tax matter under investigation.  A TIEA model has been developed by the OECD Global Forum Working Group on Effective Information Exchange. 1 Minor administrative and administrative errors: a competent authority informs the competent authority of the other contracting party if the first competent authority has reason to believe that administrative errors or other minor errors may have led to incorrect or incomplete notifications of information or other violations of this agreement. The competent authority of this other party endeavours, if necessary, to obtain corrected and/or complete information or to remedy any other violations of this agreement, including by applying its national legislation (including applicable sanctions). (d) the United States is not required to begin the exchange of information until Canada begins to exchange information. In June 2015, the OECD`s Tax Affairs Committee (CFA) approved a standard protocol on the agreement. The standard protocol can be used by jurisdictions if they wish to extend the scope of their existing TIEAs to the automatic and/or spontaneous exchange of information. This section presents all the bilateral exchange relations that currently exist for the automatic exchange of CBC reports between tax authorities.
The number in brackets behind each jurisdiction in the drop-down menu indicates the total number of bilateral exchange relations currently activated in relation to that jurisdiction. If, for a given jurisdiction, the number of exchange partners cited as sending CBC reports to the jurisdiction is greater than the number of exchange partners designated as recipients of cbC reports under the jurisdiction, this can be explained by the fact that a number of these partners are “non-reciprocal jurisdictions” (i.e., they have committed to sending CBC reports to their trading partners, but do not receive cbC reports from their exchange partner).