The OECD has published an updated arbitration profile for the United Kingdom under the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Part VI of the MLI allows jurisdictions choosing to apply it to adopt mandatory binding arbitration for the resolution of tax treaty disputes. Arbitration profiles have been developed to provide taxpayers with additional information on the application of Part VI of the MLI for each jurisdicti…