On the 11th of July 2017, the Organisation of Economic Cooperation and Development (OECD) released a draft update document outlining anticipated changes to the ‘Model tax Convention’. This pre-release provides further detail on what the final standard for Private Equity will look like. The OECD has asked for comments on certain parts of this update by 10 August and the BVCA will be feeding into the consultation.
Should you wish to register a comment, they should be sent electronically in Word format by 10 August 2017 to firstname.lastname@example.org.
Comments should be addressed to the Tax Treaties, Transfer Pricing and Financial Transactions Division, OECD/CTPA.