Regulations Governing the Exchange of Tax Information Concerning Agreements on Tax Matters Article 7

Tax information received by a Contracting Party which is provided by the competent authority of the other Contracting Party under an agreement on tax matters shall be treated as secret in the same manner as information obtained under the domestic laws of the first-mentioned Contracting Party and shall be disclosed only to persons or authorities specified under the provisions of the applicable agreement on tax matters. Such persons or authorities shall use the information only for the purposes of the exchange of information. Notwithstanding the foregoing, where provisions of the applicable agreement on tax matters provide otherwise, such provisions shall prevail.When processing the exchange of tax information for the other Contracting Party, the ROC shall maintain the case in confidentiality during the course of examining, gathering, and providing information. Where the ROC receives information provided by the competent authority of the other Contracting Party, such information shall be treated as secret in accordance with the provisions of the Act, Personal Information Protection Act, and relevant confidentiality laws and regulations.