The OECD released the draft contents of the 2017 update to its Model Tax Convention.
The OECD expects to release the final, updated, version of the OECD Model Tax Convention later this year. The OECD notes that significant parts of the 2017 update have already been approved as part of the OECD's Base Erosion and Profit Shifting (BEPS) package. The OECD is accepting comments on previously un-released portions of the draft until August 10, 2017.
Updates to the 2017 update to the Model Tax Convention that are currently open for comments cover:
Revisions to the tie-breaker rules
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