OECD third round peer reviews on BEPS tax dispute resolution mechanisms
Released 12 March 2018
Eight more peer review reports have been released highlighting how jurisdictions are implementing the Action 14 minimum standard on improving tax dispute resolution mechanisms.
The Organisation for Economic Co-operation and Development (OECD) has released a third round of peer reviews on implementation of Base Erosion and Profit Shifting (BEPS) minimum standards on improving tax dispute resolution mechanisms, relating to implementation by the Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore and Spain. A document addressing the implementation of best practices is also available on each jurisdiction that chose to opt to have such best practices assessed. These eight reports contain over 215 specific recommendations relating to the minimum standard.
The OECD is also calling on taxpayers to submit input for the fifth round of Action 14 Stage 1 peer reviews of Estonia, Greece, Hungary, Iceland, Romania, Slovak Republic, Slovenia and Turkey, and invites taxpayers to submit input using the taxpayer input questionnaire which should be returned to email@example.com (in Word format) by 9 April 2018.
For more information and to view the peer reviews and access the taxpayer input questionnaire, see here.