OECD Announces Deposit of Notifications by Romania, Portugal Concerning MLI

The Organization for Economic Cooperation and Development (OECD) March 6 announced that: 1) Romania deposited its notification of the completion of domestic procedures necessary to commence the application of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI), signed June 7, 2017, with respect to specific DTAs; and 2) Portugal deposited an updated list of reservations and notifications for the MLI that includes the Oct. 12, 2022, entry into force date of the DTA with Timor-Leste in the list of agreements covered by the MLI. [France, Organisation for Economic Co-operation and Development, ...