Making Dispute Resolution More Effective - MAP Peer Review Report, Luxembourg (Stage 1) : Inclusive Framework on BEPS: Action 14 / OECD.

Format:

Book

Author/Creator:

OECD, author, issuing body.

Series:

OECD/G20 Base Erosion and Profit Shifting Project.

OECD/G20 Base Erosion and Profit Shifting Project

Language:

English

Subjects (All):

Double taxation.

Taxation--Law and legislation.

Taxation.

Physical Description:

1 online resource (68 pages).

Place of Publication:

Paris : Organisation for Economic Co-operation and Development, 2017.

Summary:

Under Action 14, jurisdictions have committed to implement a minimum standard to strengthen the effectiveness and efficiency of the mutual agreement procedure (MAP). The MAP is included in Article 25 of the OECD Model Tax Convention and commits countries to endeavour to resolve disputes related to the interpretation and application of tax treaties. The Action 14 Minimum Standard has been translated into specific terms of reference and a methodology for the peer review and monitoring process. The minimum standard is complemented by a set of best practices.The peer review process is conducted in two stages. Stage 1 assesses jurdisdictions against the terms of reference of the minimum standard according to an agreed schedule of review. Stage 2 focuses on monitoring the follow-up of any recommendations resulting from jurisdictions' stage 1 peer review report. This report reflects the outcome of the stage 1 peer review of the implementation of the Action 14 Minimum Standard by Luxembourg, which is accompanied by a document addressing the implementation of best practices which can be accessed on the OECD website.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9789264285927

926428592X