OECD Finishes Stage-One Review of Dispute Resolution Policies

The OECD has completed its initial reviews of tax dispute resolution policies for more than 80 jurisdictions, it said Tuesday.

Improving dispute prevention and resolution is a major concern for companies—which fear the expense and uncertainty of drawn-out tax fights—and can also help give governments more certainty about tax revenue. The announcement shows the organization is nearing completion on a key item of its 2015 plan to curb base erosion and profit shifting.

• The Organization for Economic Cooperation and Development uses the two-stage peer review process to assess progress on dispute resolution—such as how quickly mutual agreement procedure (MAP) ...