Dodwell: higher withholding tax under anti-shopping treaty

Bill Dodwell, partner and head of tax policy at Deloitte, looks at tax treaties in the OECD’s efforts to curb international tax avoidance and arbitrage

Last June, representatives of 67 jurisdictions gathered at the OECD headquarters in Paris to sign the Multilateral Convention, which implements measures in double tax treaties from the Base Erosion and Profit Shifting (BEPS) project. A further 11 countries have now signed, and another 30 or so still need to do so, to meet the commitment by all BEPS participants to implement the minimum standards of the project.

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