Mutual Enforcement
Taxpayers may relocate themselves and their assets to avoid paying taxes. Some treaties thus require each treaty country to assist the other in collection of taxes and other enforcement of their tax rules. Most tax treaties include, at a minimum, a requirement that the countries exchange of information needed to foster enforcement.
Read more about this topic: Tax Treaty
Famous quotes containing the word mutual:
“True love does not quarrel for slight reasons, such mistakes as mutual acquaintances can explain away, but, alas, however slight the apparent cause, only for adequate and fatal and everlasting reasons, which can never be set aside.”
—Henry David Thoreau (1817–1862)