Agreement on the Exchange

This agreement, published in April 2002, is not a binding instrument but contains two model bilateral agreements. Many bilateral agreements are based on this agreement (see below). The purpose of this Agreement is to promote international cooperation in tax matters through the exchange of information. It was developed by the OECD Global Forum Working Group on Effective Exchange of Information. Countries and territories may also choose to use the wording of the articles of the Model Protocol if they wish to include the provisions on automatic and spontaneous exchange of information in a new TIEA. The agreement was born out of the OECD`s work to combat harmful tax practices. The lack of an effective exchange of information is one of the key criteria for determining harmful tax practices. The agreement is the standard for an effective exchange of information in line with the OECD`s harmful tax practices initiative. In June 2015, the OECD`s Committee on Fiscal Affairs (CFA) approved a model protocol to the agreement. The standard protocol can be used by legal systems if they wish to extend the scope of their existing TIEAs to the automatic and/or spontaneous exchange of information.

Courts will then be able to establish a bilateral competent authority agreement to establish the automatic exchange of information in accordance with the common reporting standard or the automatic exchange of country-by-country reports on a TIEA, in particular in cases where it is not (yet) possible to automatically exchange information under a relevant multilateral competent authority agreement. On the 21st. In March 2017, the Company entered into the Forbearance Restoration Agreement (the “FRA”) and a Ticket Exchange Agreement (the “NEA”) with the Forbearance Holders. Prod n° L002082R – Contract for the purchase and exchange of tickets of 2 July 2015, registration tab 18, p. 1. The minimum number of workers required to form a union was not discussed, as no support was found even among Panamanian workers` groups. Panama has also enacted laws implementing the U.S.-Panama Tax Information and Exchange Agreement (TIEA), which provides greater tax transparency to support the reduction of illicit financial transactions related to money laundering activities. This amount includes (1) the 1,250,000 shares acquired by Mr. Bentivoglio under the Share Exchange Agreement and (2) the 187,500 shares held by EPHS, Inc.

MODEL TAX INFORMATION EXCHANGE AGREEMENT (TIEA Template) The filing statement describing the OTR and the share exchange agreement were each filed on May 29, 2015, with press releases describing the OTR and the private placement filed on March 13. 2015, June 1, 2015, June 30, 2015 and July 6, 2015. A model for AERF requests for information has been developed to assist the competent authorities of AERF partners in submitting requests for information. It is available in English and French as well as Spanish, German, Italian, Japanese, Korean and Turkish. See also the TIEAs signed by the court and the TIEAs signed by each jurisdiction. .