Over 500 Tax Treaties Include Dispute Resolution Tool, OECD Says

About 500 tax treaties have been changed to include an effective dispute resolution tool since countries developed a minimum standard for the mechanism.

The Organization for Economic Cooperation and Development reported the figure in a progress report Thursday on its first project to address base erosion and profit shifting, or BEPS—a planning tactic by which companies move money from high-tax countries to low-tax countries to avoid paying tax.

The effort, referred to as BEPS 1.0, was started in 2013. It comprises a series of minimum standards that jurisdictions can use to combat abusive tax practices and resolve disputes between countries ...