01 Apr 2021 International Tax
Belgium MOU a first for MLI tax treaty arbitration
The first Memorandum of Understanding (MOU) for arbitration provided under the Multilateral Instrument (MLI) for unresolved issues under the mutual agreement procedure (MAP) has been finalised with the Kingdom of Belgium.
The MOU between Belgium and Australia is a significant milestone for Australia. It is the first MOU of its kind under the MLI arbitration process.
Read more here.