background image
OECD Releases Condensed Version of the 2017 Model Convention — Orbitax Tax News & Alerts

On 18 December 2017, the OECD announced the release of the Model Tax Convention on Income and on Capital: Condensed Version 2017. The condensed version contains the articles and commentaries of the Model Tax Convention on Income and Capital as it read on 21 November 2017 ({News-2017-11-27/T/5-previous coverage}), but without the historical notes and the background reports that are included in the full version. The 2017 edition of the OECD Model mainly reflects a consolidation of the treaty-related measures resulting from the work on the OECD/G20 BEPS Project under Action 2 (Neutralizing the Effects of Hybrid Mismatch Arrangements), Action 6 (Preventing the Granting of Treaty Benefits in Inappropriate Circumstances), Action 7 (Preventing the Artificial Avoidance of Permanent Establishment Status), and Action 14 (Making Dispute Resolution More Effective).