The Inland Revenue Authority of Singapore (IRAS) has published the impact of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) for the 2013 income and capital tax treaty with Luxembourg. Rather than including the MLI impacts directly within the text of the treaty as some countries have done (so-called synthesized texts), the impacts are provided in a new Annex A to the treaty. The impacts of the MLI on the treaty have effect in Singapore: For new mandatory arbitration provisions, with respect to any tax paid, deemed paid or liable to...