Japan and Singapore Sign Competent Authority Arrangement on Implementing MLI Arbitration Process

The Inland Revenue Authority of Singapore has announced the signing of a Competent Authority Arrangement with Japan on the application of the arbitration proceedings provided for in Part VI (Arbitration) of the MLI.

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Singapore-Japan competent authority arrangement on the mode of application of Part VI (Arbitration) of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("MLI")

1. On 10 June 2022, the competent authorities of the…