More than 100 countries have recently finalized the negotiations of the “Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting” - commonly referred to as the Multilateral Tax Instrument. This instrument will revolutionize the tax treaty network as it stands today.

It will modify more than 2,000 bilateral tax treaties to incorporate the treaty-related outputs of the BEPS Project. Once the Multilateral Tax Instrument enters into force most of the bilateral tax treaties will include new provisions concerning hybrid mismatch arrangements, abuse of treaties, artificial avoidance of the permanent establishment status as well as rules for improving dispute resolution mechanisms, including mandatory binding arbitration.

Tax planning will have totally new limits. As the signature of the Multilateral Tax Instrument is expected to happen within the first half of 2017, the focus of the Viennese Symposium on International Tax Law will be on the core characteristics of this instrument and its effects on bilateral tax treaties. The presentations will provide a better and deeper understanding of this innovative but complex convention and its practical relevance.

https://www.wu.ac.at/taxlaw/events/24th-viennese-symposium-on-international-tax-law-multilateral-instrument-26-juni-2017