On 10 October 2017, the EU Economic and Financial Affairs Council (ECOFIN) adopted the Council Directive on Tax Dispute Resolution Mechanisms in the European Union. As {News-2017-10-04/P/2-previously reported}, the Directive is meant to ensure effective resolution of disputes concerning the interpretation and application of such bilateral tax treaties and the Union Arbitration Convention, and in particular, disputes leading to double taxation. The Directive will enter into force on the twenti…