Netherlands Gazettes MoU Specifying Mutual Agreement Procedures Under 1976 DTA With Australia

The Dutch Official Gazette June 10 published the memorandum of understanding (MoU), signed May 28, establishing the rules and requirements regarding mutual agreement procedures (MAPs) under the 1976 DTA with Australia, as amended. The MoU includes measures specifying: 1) documentation and procedural requirements for submitting MAP case requests, and the obligation to respond within 10 days after receipt; 2) the minimum information required for MAP requests; 3) the deadlines and requirements regarding the terms of reference and appointing arbitrators; 4) the deadlines and processes for submitting proposed resolutions and opting for the independent opinion process; 5) that sensitive communications and ...