OECD Releases New Dispute Resolution Peer Reviews
by Ulrika Lomas, Tax-News.com, Brussels
13 March 2018
The OECD on March 12 released a third round of peer reviews of countries' efforts to implement the BEPS minimum standard on improving tax dispute resolution mechanisms.
The peer reviews concern BEPS Action 14, on making dispute resolution more timely, effective, and efficient.
The third round reports released relate to implementation of BEPS Action 14's main recommendations by the Czech Republic, Denmark, Finland, South 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.
The eight reports contain over 215 specific recommendations relating to the minimum standard. In stage 2 of the peer review process, each jurisdiction's effort to address the recommendations identified in its stage 1 peer review report will be assessed.
The OECD has also called for taxpayers' input via a questionnaire on the fifth round of stage one peer reviews, to cover Estonia, Greece, Hungary, Iceland, Romania, the Slovak Republic, Slovenia, and Turkey, specifically on access to the mutual agreement procedure, the clarity and availability of MAP guidance, and the timely implementation of MAP agreements.
To see today's news, click here.
Tax-News Reviews

A review and forecast of Cyprus's international business, legal and investment climate.

A review and forecast of Malta's international business, legal and investment climate.

A review and forecast of Jersey's international business, legal and investment climate.

A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Big changes Afoot... »
- I.T. is IT! »
- What Is a Registered Agent, and Why You Need a Registered Agent for Your Business? »
- Spring Cleaning? »
- Brexit and Covid and Tax, Oh My! »
- Why is the Hong Kong startup ecosystem growing rapidly? »
- Happy Holidays? »
- COVID Continues To Capture Headlines »
- Taxing The Zeroes And Ones »
- Value Added News... »