The OECD today added information to its website on 30 countries’ processes for arbitrating cross-border tax disputes with other nations. It also included hyperlinks to each country’s legal documents regarding arbitration.
The 30 countries arranged to establish cross-border tax dispute arbitration by signing and agreeing to an optional clause in the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI).
The OECD provides links to the competent authority agreements concluded by each jurisdiction choosing to apply Part VI of the MLI to settle the mode of application of that Part (which the OECD, as the Depositary of the MLI, needs to maintain and make publicly available).
It also lists reservations made by those jurisdictions, governing the scope of cases eligible for arbitration.
The OECD also published further information on some jurisdictions’ positions regarding arbitration.
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