A tax information exchange agreement (TIEA) allows the competent authorities of the United States and the TIEA partner to exchange of information on tax matters in order to provide assistance to each other in the administration and enforcement of domestic tax laws.
Tax information exchange agreements (TIEA) provide for the exchange of information on request relating to a specific criminal or civil tax investigation or civil tax matters under investigation.
A model TIEA was developed by the OECD Global Forum Working Group on Effective Exchange of Information. This exchange of information on request was supplemented by an automatic process on 29 October 2014. The automatic process is to be based on a Common Reporting Standard.
TIEA
means
Tax Information and Exchange Agreement
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