BEPS Action 15 – Develop a Multilateral Instrument

BEPS Action 15 – Develop a Multilateral Instrument

BEPS Action 15 “Developing a multilateral instrument to modify bilateral treaties” aims to develop a multilateral instrument to enable jurisdictions to implement measures developed in the course of the work on BEPS and to amend bilateral tax treaties.

The multilateral instrument should be open for signature by the end of 2016 by any interested jurisdiction.

The Final Report on BEPS Action 15 concludes that a multilateral instrument to implement the BEPS treaty-related measures and amend bilateral tax treaties is desirable and feasible, and that negotiations for such an instrument should be convened quickly. At the time of release of the Final Report on BEPS Action 15, approximately 90 countries were participating in the development of the multilateral instrument, for probable signature in 2016.

Australia’s response

Australia is a member of the group convened to develop the multilateral instrument. The inaugural meeting of the group took place in November 2015.

Adam Ahmed is an Australian international tax lawyer. Adam has over a decade of experience working at 3 of the big 4 accounting firms and one of the top tax law firms in Australia. He is currently the managing director of Adam Ahmed & Co.

What`s Adam Ahmed & Co edge? With our legal and accounting dual qualification we understand all aspects of tax planning and tax disputes.

Need to create a better structure for your business to make more money? We can help.

International tax? Not a problem.

Dispute with the ATO involving calculations? No worries.

Need to take the ATO to court? Can do.

What about asset protection? Include that too.

Put simply we do all things tax backed by decades of experience. Read more

Let Our Experience be Your Guide.