The Seychelles has deposited its instrument of ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Multilateral Convention or MLI). Iceland has also deposited a new notification under the MLI.
For the Seychelles, the MLI will enter into force on 1 April 2022. For Iceland the MLI entered into force on 1 January 2020 and its new notification, extending the list of agreements covered by the MLI to its double tax treaty with Austria, will take effect in accordance with Articles 29 and 35 of the MLI.
The Seychelles ratification brings the number of jurisdictions which have ratified, accepted or approved the Convention to 68.
The Seychelles has deposited its instrument of ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Multilateral Convention or MLI). Iceland has also deposited a new notification under the MLI.
For the Seychelles, the MLI will enter into force on 1 April 2022. For Iceland the MLI entered into force on 1 January 2020 and its new notification, extending the list of agreements covered by the MLI to its double tax treaty with Austria, will take effect in accordance with Articles 29 and 35 of the MLI.
The Seychelles ratification brings the number of jurisdictions which have ratified, accepted or approved the Convention to 68.
