Worldwide Tax Daily Quotes David Rosenbloom on the Revised U.S. Model Tax Convention

Worldwide Tax Daily 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 provision's with extensive revisions in the new model will require time to digest. "The biggest change, in my opinion, is that they have included mandatory arbitration in the model," Mr. Rosenbloom said. "To me, this signals that the U.S. is prepared to include arbitration agreements in treaties with everyone going forward." For the complete article, please visit Worldwide Tax Daily's website (subscription required).