OECD Releases Comments on Draft Contents of 2017 Update to OECD Model Tax Convention

OECD Releases Comments on Draft Contents of 2017 Update to OECD Model Tax Convention:  Today, the Organization for Economic Cooperation and Development (OECD) released the seven public comments it received on certain portions of the draft contents of the 2017 update to the OECD Model Tax Convention on Income and on Capital (OECD Model Tax Convention). The portions relate to specific aspects of Articles 4 (concerning the definition of resident), 5 (concerning the definition of permanent establishment), and 10 (concerning the taxation of dividends) of the OECD Model Tax Convention. According to a press release, the OECD expects to approve and publish the contents of the 2017 update to the OECD Model Tax Convention “later in 2017.”