Open AccessThe Resolution of Tax Disputes and International Tax Arbitration
Author(s) -
Benjamí Anglès Juanpere
Publication year - 2020
Publication title -
european journal of business and management research
Language(s) - English
Resource type - Journals
ISSN - 2507-1076
DOI - 10.24018/ejbmr.2020.5.1.174
Subject(s) - business , tax avoidance , withholding tax , double taxation , jurisdiction , indirect tax , arbitration , direct tax , international economics , ad valorem tax , tax reform , value added tax , tax treaty , tax credit , international taxation , international trade , economics , public economics , finance , law , political science
Globalisation and the digital economy have revolutionised the world’s markets and international transactions, some of which manage to escape national jurisdictions and bilateral treaties between States. With the lack of multilateral agreements, certain taxpayers, multinationals in particular, have managed to slip through the net of individual countries’ tax regulations and been able to reduce their tax payments. To resolve tax disputes between taxpayers and States, with the chief goals of avoiding double taxation and not being subject to any tax jurisdiction, a number of multilateral measures have been instituted, including—amongst other mechanisms—binding international tax arbitration proceedings. The OECD and the EU are fostering the implementation of such measures, whose goal is to prevent tax avoidance and achieve a fair spread of tax burdens on an international level.