(November 21, 2014)

On November 21, 2014 the OECD released the "Public Discussion Draft: Follow-up work on BEPS Action 6: Preventing Treaty Abuse” for comments.

According to the OECD, the discussion draft deals with the follow-up work related to the contents of the model provisions and related Commentary included in Section A of the Report, in particular the LOB rule, as well as with issues related to the treaty entitlement of collective investment vehicles (CIVs) and non-CIV funds (the result of the discussions on how countries intend to implement the minimum standard described in the Report will be included in the revised version of the report that will be released in 2015).

Furthermore the discussion draft identifies the various issues on which there will be follow-up work and includes, in shaded boxes, specific questions on which comments are invited.

 

The Committee on Fiscal Affairs (CFA) invites interested parties to send comments on the discussion draft, which includes a number of questions and proposals concerning aspects of the Report on Action 6 on which further work is being carried on.

 

Comments should be sent by January 9, 2015 at the latest and should be sent by email in Word format.

 

The OECD organizes a public consultation meeting on Action 6 that is scheduled to be held in Paris at the OECD Conference Centre on January 22, 2015. According to the OECD this consultation meeting will be open to the public and the press. Due to space limitations however, priority will be given to persons and organizations who register first (we reserve the right to limit the number of participants from the same organizations). Persons wishing to attend this public consultation meeting are asked to register on line. Requests for registration should be made not later than January 9, 2015, after which date requests will not be accepted. For further information we refer to the press release as issued by the OECD in this respect (See below).

 

This meeting will also be broadcast live on the internet and can be accessed on line. No advance registration will be required for this internet access.

 

Click here to be forwarded to the Public Discussion Draft: “Follow-up work on BEPS Action 6: Preventing Treaty Abuse” as published on the website of the OECD, which will open in a new window.

 

For further information click here to be forwarded to the press release as issued by the OECD in this respect, in which you can a.o. find the e-mail address to which comments should be sent.


Are you interested in quickly locating other BEPS Documents, then click here to be forwarded to our section “Base Erosion and Profit Shifting (BEPS)”.

 

 

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