Belize signs and Monaco ratifies BEPS mulitlateral tax treaty

The OECD on January 11 announced that Belize has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MIL) becoming the 86th jurisdiction to sign.

Also, Monaco on January 10 deposited its instrument of ratification for the MLI with the OECD, becoming the 18th jurisdiction to do so.

The following countries have now deposited instruments of ratification for the MLI: Australia, Austria, France, Isle of Man, Isreal, Japan, Jersey, Lituania, Malta, Malta New Zealand, Poland, Serbia, Singapore, Slovak Republic, Slovenia, Sweden, United Kingdom.

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