Law360 Quotes David Rosenbloom on Binding Arbitration Provision in Model Tax Treaty
Law360 spoke with H. David Rosenbloom concerning the revised U.S. model income tax convention released on February 17th by the U.S. Treasury Department. Mr. Rosenbloom commented on how the revised treaty includes a provision for mandatory binding arbitration of international tax disputes."By putting it in the model, we're saying we're ready to do this with anyone," Mr. Rosenbloom said. "It basically establishes a dispute resolution mechanism that works. It's kind of an amazing thing." For the complete article, please visit Law360's website (subscription required).