Exchange of tax information enables assistance in administration and enforcement of domestic tax laws, subject to confidentiality safeguards. The competent authorities shall exchange information foreseeably relevant to the administration, determination, assessment and collection of taxes, the ... Summary
Exchange of tax information enables assistance in administration and enforcement of domestic tax laws, subject to confidentiality safeguards.
The competent authorities shall exchange information foreseeably relevant to the administration, determination, assessment and collection of taxes, the recovery and enforcement of tax claims, and the investigation or prosecution of tax matters. Such information shall be exchanged in accordance with the Agreement and treated as confidential under Article 8. Rights and safeguards available to persons under the requested Party's laws or administrative practice remain applicable to the extent they do not unduly prevent or delay effective exchange.
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