Exchange of information enables mutual assistance in tax administration and collection while preserving confidentiality and legal safeguards. The Agreement requires competent authorities to exchange information foreseeably relevant to tax administration, assessment, collection, recovery, ... Summary
Exchange of information enables mutual assistance in tax administration and collection while preserving confidentiality and legal safeguards.
The Agreement requires competent authorities to exchange information foreseeably relevant to tax administration, assessment, collection, recovery, enforcement and investigation, and to provide mutual assistance in the collection of tax claims; exchanged information is to be treated as confidential and domestic rights and safeguards remain applicable so long as they do not unduly prevent or delay effective exchange.
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