More Countries Are Fighting Tax ‘Treaty Shopping,’ OECD Says

Efforts to prevent tax “treaty shopping” are gaining ground, with more countries implementing an OECD standard aimed at preventing it, the OECD said Tuesday.

Treaty shopping consists of attempts to access the benefits of a tax treaty between two countries without being a resident of either.

More than 1,050 treaties reached by members of the Inclusive Framework, the group of 140 countries that have agreed to the 2021 global tax pact, complied with the OECD’s minimum standard against treaty shopping as of May 2022, up nearly 40% from the previous year, according to an annual peer review ...