Chiomenti partner Raul-Angelo Papotti co-chair at the 18th Annual Tax Planning Strategies U.S. and Europe Conference

Chiomenti Partner Raul-Angelo Papotti has co-chaired a discussion panel on OECD’s Multilateral Instrument at the 18th Annual Tax Planning Strategies U.S. and Europe Conference, held in Amsterdam on 12-13 April. The conference was organised by the American Bar Association and the International Bar Association.

Now covering more than 70 countries, over 1,100 treaties and counting, the OECD’s Multilateral Instrument to modify bilateral tax treaties has become a “one-stop shop” for many governments to incorporate the results of the G20/OECD BEPS project into their bilateral tax treaties. Tax-treaty related measures that can be implemented through the MLI include those on treaty abuse, permanent establishment, hybrid mismatch arrangements, and binding arbitration.
The panel co-chaired by Raul-Angelo, entitled “Practical Aspects of Dealing with the MLI: An Instruction Manual”, focused indeed on the practical issues that practitioners and the tax authorities have faced and are currently facing, covering the contents of the MLI’s main provisions, the novel structural issues presented by this method of implementing BEPS, and the planning conundrums presented by an additional overlay on top of existing bilateral treaties, domestic laws, and international agreements.

For the full conference programme, please click here.