The OECD has updated arbitration profiles for Australia, Japan, and the Netherlands, providing information on the application of MLI mandatory binding arbitration for tax treaty disputes.
The OECD has published updated arbitration profiles for the Netherlands, Australia, and Japan under the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI).
Part VI of the MLI allows jurisdictions that opt to apply it to use mandatory binding arbitration to resolve tax treaty disputes. The arbitration profiles provide taxpayers with information on how Part VI applies in each participating jurisdiction and include clarifications on their positions regarding MLI arbitration, as well as links to relevant competent authority agreements.
