Arbitration Commission cases soar
August 07, 2008
A new report, yet to be published by the European Commission, shows that the number of open cases in the Arbitration Convention (AC) is rising rapidly. The report which has been supplied to TP Week.com lists more than 350 cases.
The AC is the ultimate dispute mechanism in transfer pricing cases in the EU. When member states cannot reach agreement over the tax liabilities of multinationals they can attempt to settle them through the Arbitration Convention.
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