OECD’s Multilateral tax treaty instrument enters into force

The OECD’s Multilateral tax treaty instrument  (“MLI”) entered into force on 1 July 2018 after the ratification of the said instrument by 5 countries, namely Austria, the Isle of Man, Jersey, Poland and Slovenia. There are now 83 jurisdictions that are signatories to the treaty.  The MLI allows jurisdictions to update their existing double tax […]

Written By ACT Team

On August 2, 2018
"

Read more

The OECD’s Multilateral tax treaty instrument  (“MLI”) entered into force on 1 July 2018 after the ratification of the said instrument by 5 countries, namely Austria, the Isle of Man, Jersey, Poland and Slovenia. There are now 83 jurisdictions that are signatories to the treaty. 

The MLI allows jurisdictions to update their existing double tax treaties and transpose measures agreed in the BEPS project without further need for bilateral negotiations. 

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [email protected]. ACT can help you understand the changes to the tax rules and how these can impact your business.  

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on 00356 21378672 or send us an email on [email protected].