EY Global Tax Controversy Flash Newsletter (Issue 50) | Updates to MAP processes may increase taxpayer participation

With cross-border controversy growing at a rapid pace, companies need to be aware of options to resolve tax controversy disputes. The Mutual Agreement Procedure (MAP) is one avenue that companies may consider. OECD Base Erosion and Profit Shifting (BEPS) Action 14 efforts and the peer review process have helped drive improvements to MAP. These improvements have resulted in growing taxpayer participation in MAP, a number of countries introducing new MAP guidance (such as the Philippines and Moroc…