The European Commission on February 16 launched a public consultation seeking feedback on ways to improve the resolution of double taxation disputes involving businesses operating in the EU.
The Commission notes that the current dispute resolution mechanisms in the EU are the mutual agreement procedure and arbitration, provided through bilateral tax treaties and by the EU multilateral arbitration convention. The Commission seeks input on how these mechanisms can be improved.
The Commission intends to use the feedback in drafting new legislation, to be released this year, designed to improve dispute resolution in the EU.
Comments are requested by May 10.
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