2017 update to the Model Tax Convention addresses BEPS | KPMG Global
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OECD: 2017 update to the “Model Tax Convention” addresses BEPS

2017 update to the Model Tax Convention addresses BEPS

The Organisation for Economic Cooperation and Development (OECD) today released the latest edition of the OECD “Model Tax Convention.”


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As noted in an OECD release, the 2017 update to the Model Tax Convention incorporates significant changes developed through the OECD/G20 project to address base erosion and profit shifting (BEPS).

The 2017 update mainly reflects a consolidation of the treaty-related measures resulting from the work on:

  • BEPS Action 2 (Neutralising the effects of hybrid mismatch arrangements)
  • BEPS Action 6 (Preventing the granting of treaty benefits in inappropriate circumstances) 
  • BEPS Action 7 (Preventing the Artificial avoidance of permanent establishment status) 
  • BEPS Action 14 (Making dispute resolution more effective)

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