SOL

ICTD Researcher Prof. Sol Picciotto (pictured) is set to join the subcommittee on dispute resolution of the UN Tax Committee. Prof Picciotto will be joining Tom Balco, who is also an ICTD researcher and a member of the subcommittee.

This subcommitee is mandated to consider:

a) Different possible ways to improve the mutual agreement procedure (including advance pricing agreements, mediation, conciliation, recommended administrative regulations and prescribed obligations for the taxpayer applying for mutual agreement procedure).

b) The possibilities to provide for arbitration (either in the United Nations Model Convention Articles or as an alternative in the Commentaries); in this respect both mandatory and voluntary arbitration shall be considered as well as streamlined arbitration.

c) Possible specific problems and needs with respect to transfer pricing dispute resolution. In doing so, the Subcommittee shall primarily focus on the specific needs and concerns of developing countries and countries in transition. The Subcommittee shall present a report, with draft provisions and Commentaries annexed, during the next annual session of the Committee for consideration and further guidance.