Multilateral BEPS Convention
Published: 06 June 2017
Ministers and high-level officials from more than 60 countries and jurisdictions will sign on Wednesday 7 June 2017, an innovative multilateral convention to reduce the opportunity for tax avoidance by multinational enterprises.
The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS will implement minimum standards to counter treaty abuse and to improve dispute resolution mechanisms, while providing flexibility to accommodate specific treaty policies. It will allow governments to strengthen tax treaty-related provisions, such as those connected to permanent establishments (here).