Jersey ratifies BEPS multilateral instrument on tax avoidance

Jersey has ratified the OECD’s Multilateral Instrument (MLI), designed to allow countries to easily add to their bilateral tax treaties provisions that curtail tax avoidance by multinationals and improve tax dispute resolution. These measures were agreed to by nations in 2015 OECD/G20 base erosion profit shifting (BEPS) plan agreements.

Jersey follows Austria and the Isle of Man in ratifying the MLI,

 

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