Exchange of tax information facilitates assistance in tax administration and collection while preserving legal safeguards for taxpayers. Competent authorities shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of ... Summary
Exchange of tax information facilitates assistance in tax administration and collection while preserving legal safeguards for taxpayers.
Competent authorities shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of domestic tax laws, including determination, assessment, collection, recovery and enforcement of tax claims, and investigation or prosecution of tax matters; information exchange and assistance in collection shall be conducted under the Agreement's provisions, and rights and safeguards of persons under the requested Party's laws remain applicable insofar as they do not unduly prevent or delay effective exchange or assistance.
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