Mutual agreement procedure (MAP)

Mutual agreement procedure (MAP),

Definition of Mutual agreement procedure (MAP):

  1. An article included in tax conventions that calls for competent authorities from contracting countries to engage in the resolution of international tax disputes. The article doesnt require that a agreement by obtained, but that best efforts are applied. Most of the disputes addressed under MAP are cases in which the taxing authority of an individual or entity is not clear.

Meaning of Mutual agreement procedure (MAP) & Mutual agreement procedure (MAP) Definition