OECD Updates Profiles for Jurisdictions Applying Arbitration Rules Under the BEPS MLI

The OECD has published updated profiles for jurisdictions applying arbitration rules 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 choosing to apply it to adopt mandatory binding arbitration for the resolution of tax treaty disputes. The arbitration profiles have been developed to provide taxpayers with additional information on the application of Part VI of the MLI for each…