Common use of Object and Scope of the Agreement Clause in Contracts

Object and Scope of the Agreement. The competent authorities of the Contracting Parties shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of the domestic laws of the Contracting Parties concerning taxes covered by this Agreement. Such information shall include information that is foreseeably relevant to the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims, or the investigation or prosecution of tax matters. Information shall be exchanged in accordance with the provisions of this Agreement and shall be treated as confidential in the manner provided in Article 8. The requested Party should take all steps to ensure that any rights and safeguards secured to persons by the laws or administrative practices of the requested Party are not applied in a manner that unduly prevents or delays effective exchange of information.

Object and Scope of the Agreement. The Contracting Parties, through their competent authorities of the Contracting Parties authorities, shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of the domestic laws of the Contracting Parties concerning taxes covered by this Agreement. Such information shall include , including information that is foreseeably relevant to the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims, taxes with respect to persons subject to such taxes or to the investigation in or prosecution of criminal tax mattersmatters in relation to such persons. Information shall be exchanged in accordance with the provisions of this Agreement and shall be treated as confidential in the manner provided in Article 8. The requested Party should take all steps to ensure that any rights and safeguards secured to persons by the laws or administrative practices practice of the requested Party are not applied in a manner that unduly prevents or delays effective exchange of informationremain applicable.