A Multilateral Convention for Tax: From Theory to Implementation

Series on International Taxation Volume 80

A Multilateral Convention for Tax is a pioneering book that assesses a pivotal and revolutionary paradigm shift in the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) versus a mechanism that primarily continues an ongoing flow of limited policy coordination—two radically opposed viewpoints on the convention—with thorough analyses that kindle the hopes and the realities of the current era of multilateral tax cooperation. Since the advent of modern income taxation over a century ago, the MLI has been the most dynamic multilateral initiative coordinating tax regimes on a global basis.

What’s in this book:

Uniting the efforts of authors from national jurisdictions worldwide to scrutinize the MLI and its likely future ramifications, the book furnishes an in-depth commentary and analysis in the following sequence:

• first, a comprehensive discussion of the design and goals of the MLI as a treaty and an institutional framework;
• second, an overview of the structure of the convention and its take-up across the globe to date; and
• third, the substantive implementation of the MLI with a wide range of country reports.

Practice areas covered include tax law, international law, and international relations.

How this will help you:

The legal workings and implications of the MLI might still seem like a mystery to those whose day-to-day work is impacted by it, and as yet, little jurisprudence regarding its legal nature or ultimate effect on the bilateral treaties is coming within its scope. Consequently, this trailblazing book will be highly appreciated by in-house counsel and law firms advising cross-border investors and firms; nongovernmental organizations involved in policy analysis and issue advocacy; researchers working on technical areas of international tax law; and lawyers interested in international policymaking, including the creation and diffusion of consensus-based fiscal and related regulatory norms across jurisdictions of different development levels.