Exchange of Information: agreement enables cross-border sharing of tax-relevant information to assist tax administration and enforcement. The Agreement requires competent authorities to assist one another by exchanging information foreseeably relevant to administration and enforcement of domestic tax laws, including determination, assessment, collection, recovery, enforcement of tax claims and investigation or prosecution of tax matters; exchanges are subject to the Agreement's procedures and to the requested Party's legal rights and safeguards so long as they do not unduly prevent or delay effective information exchange.