Regulations Governing the Exchange of Tax Information Concerning Agreements on Tax Matters Article 12

The competent authority of the ROC, having received a specific request raised by the competent authority of the other Contracting Party, shall assist in gathering and providing information, provided that the origin, reason, purpose of the request, and situations in respect of suspected tax evasion or avoidance indicated in the request are verified as is foreseeably relevant for carrying out audit in association with taxes specified in subparagraph 2 of Article 4 by the other Contracting Party. Before providing the aforementioned assistance, the competent authority of the ROC shall also verify that such request meets the requirements prescribed in Article 4 and does not fall under one of the situations prescribed in Articles 5 and 6.The competent authority of the ROC shall notify the competent authority of the other Contracting Party about the receipt of the specific request within 30 days from the date of such receipt. The competent authority of the ROC shall reply to the competent authority of the other Contracting Party within 60 days from the date of receipt of the specific request, if such request is verified not to comply with the provision of the preceding paragraph.Where the competent authority of the ROC receives from the competent authority of the other Contracting Party a supplementary explanation with respect to a specific request raised previously, the procedures prescribed in the preceding two paragraphs shall be accorded mutatis mutandis.