• The Model Tax Convention on Income and on Capital is a multilateral treaty developed by the Organisation for Economic Co-operation and Development (OECD).
• It provides a framework for countries to negotiate and conclude bilateral tax treaties.
• The Condensed Version 2010 is a simplified version of the full Model Tax Convention.
• It is designed to be more accessible to non-specialists.
• The Condensed Version 2010 includes the following key provisions:

- The scope of the Convention - The definition of a permanent establishment - The rules for taxing business profits - The rules for taxing dividends, interest, and royalties - The rules for avoiding double taxation - The provisions for mutual agreement procedures - The provisions for arbitration

• The Condensed Version 2010 is an essential resource for anyone involved in international tax planning.