The OECD is gathering information for its third batch of peer reviews of the mutual agreement procedure (MAP) under BEPS action 14, the framework for resolving tax treaty related disputes. This batch involves the Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore and Spain. Taxpayers are invited to make their submissions by 7 July 2017 via an online questionnaire. The OECD is seeking views on specific issues around implementation of the action 14 minimum standard for each of these jurisdictions.
The first batch of peer reviews began in December 2016, involving Belgium, Canada, the Netherlands, Switzerland, the UK and the US. The second batch, involving Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden, began in April. A further five batches of jurisdictions will be assessed between now and April 2019, completing stage 1 of the peer review process. Stage 2 will monitor the follow-up of the recommendations resulting from the stage 1 reports.
The OECD is gathering information for its third batch of peer reviews of the mutual agreement procedure (MAP) under BEPS action 14, the framework for resolving tax treaty related disputes. This batch involves the Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore and Spain. Taxpayers are invited to make their submissions by 7 July 2017 via an online questionnaire. The OECD is seeking views on specific issues around implementation of the action 14 minimum standard for each of these jurisdictions.
The first batch of peer reviews began in December 2016, involving Belgium, Canada, the Netherlands, Switzerland, the UK and the US. The second batch, involving Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden, began in April. A further five batches of jurisdictions will be assessed between now and April 2019, completing stage 1 of the peer review process. Stage 2 will monitor the follow-up of the recommendations resulting from the stage 1 reports.
