Exchange of information: bilateral tax information sharing enabled to assist administration and enforcement of domestic tax laws. The Agreement requires competent authorities to exchange information foreseeably relevant to administration and enforcement of domestic tax laws, including determination, assessment, collection, recovery, enforcement and investigation or prosecution of tax matters. Requests must demonstrate foreseeable relevance and include specified particulars; the requested Party must use all relevant information gathering measures available under its law to obtain information from banks, financial institutions, nominees, trustees, ownership chains, collective investment vehicles, trusts and foundations, subject to territorial and possession limits, while respecting confidentiality and specified refusal grounds.