The Resource Multilaterales Instrument zur automatischen Anpassung bestehender Doppelbesteuerungsabkommen = Multinational instrument to automatically adjust existing bilateral tax treaties

Multilaterales Instrument zur automatischen Anpassung bestehender Doppelbesteuerungsabkommen = Multinational instrument to automatically adjust existing bilateral tax treaties

Label
Multilaterales Instrument zur automatischen Anpassung bestehender Doppelbesteuerungsabkommen = Multinational instrument to automatically adjust existing bilateral tax treaties
Title
Multilaterales Instrument zur automatischen Anpassung bestehender Doppelbesteuerungsabkommen = Multinational instrument to automatically adjust existing bilateral tax treaties
Creator
Subject
Language
eng
Summary
The OECD G20 base erosion and profit shifting (BEPS) project sets out 15 actions, many of which require bilateral tax treaties to be changed. Given the sheer number of such treaties in effect, implementing these changes on a treaty-by-treaty basis would be burdensome and time-consuming. BEPS action 15 analysed the possibility of developing a multinational instrument in order to allow contracting states of bilateral tax treaties to swiftly amend their treaties to implement the tax-treaty-related BEPS recommendations. An ad-hoc group for the development of such an instrument was developed by the OECD Committee on Fiscal Affairs and endorsed by the G20 finance ministers and central bank governors in February 2015. More than 100 jurisdictions have developed this multilateral convention via negotiations, which is designed to transpose treaty-related results from the OECD/G20 BEPS project into more than 3,000 tax treaties. On 24 and 25 November 2016, the multilateral instrument was adopted. As per 31 December 2016, the multilateral convention will be open for signature, and a first high-level signing ceremony will take place in June 2017. Transposing treaty-related BEPS measures into bilateral tax treaties will require the contracting states to install a complicated process for signature, ratification, and implementation. The author gives a first view on the contents of this multilateral instrument
Citation source
In: Steuer und Wirtschaft International. - Wien. - Vol. 27 (2017), no. 1 ; p. 2-10
http://library.link/vocab/creatorName
Bendlinger, S
Geographic coverage
International
Language note
German
http://library.link/vocab/subjectName
  • MLI
  • tax treaty
  • BEPS Project (OECD)
Label
Multilaterales Instrument zur automatischen Anpassung bestehender Doppelbesteuerungsabkommen = Multinational instrument to automatically adjust existing bilateral tax treaties
Instantiates
Publication
Label
Multilaterales Instrument zur automatischen Anpassung bestehender Doppelbesteuerungsabkommen = Multinational instrument to automatically adjust existing bilateral tax treaties
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
Processing Feedback ...