OECD seeks input on tax dispute resolution in Andorra, Anguilla, Bahamas, Bermuda, BVI, Cayman, Faroe Islands, Macau, Morocco, Tunisia

The OECD on July 5 requested taxpayer feedback on the tax treaty dispute resolution process in Andorra, Anguilla, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Faroe Islands, Macau (China), Morocco,and Tunisia.

Information on the 10 countries’ dispute resolution processes should be supplied through a taxpayer input questionnaire by August 12.

The OECD is gathering information for a peer review of these countries for compliance with “minimum standards” set in the 2015 OECD/G20 base erosion profit shifting (BEPS) project.

The questionnaire seeks feedback on the access to the mutual agreement procedure (MAP) provided for in tax treaties; clarity and availability of MAP guidance; and whether the country timely implements MAP agreements.

The OECD has already requested information concerning the tax treaty dispute resolution mechanisms in 60 other countries.