ATO Issues Release on First MOU for MLI Tax Treaty Arbitration

The Australian Taxation Office has issued a release on the Memorandum of Understanding (MOU) recently signed with Belgium, which is the first Australia has finalized.

---

Belgium MOU a first for MLI tax treaty arbitration

The first Memorandum of Understanding (MOU) for arbitration provided under the Multilateral Instrument (MLI) for unresolved issues under the mutual agreement procedure (MAP) has been finalised with the Kingdom of Belgium.

The MOU between Belgium and Australia is a sig…