Comparative Analysis: Arbitration Procedures for Handling Tax Controversy
- M. van Herksen; D. Fraser
- International Transfer Pricing Journal, 2009 (Volume 16), No 3
- 1 May 2009
Arbitration is the term used to describe procedures currently being broadly introduced to resolve tax disputes at the competent authority level, where regular mutual agreement procedures offer no (timely) resolution of double taxation. This article presents an overview of how arbitration works under the Arbitration Convention and Art. 25(5) of the OECD Model Convention, as compared to commercial and investment treaty arbitration. The comparison serves to allow for closer consideration of the merits and pitfalls of arbitration, as it relates to resolving tax controversy.