In November 2016, over 100 jurisdictions concluded negotiations on the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "BEPS MLI") that swiftly implements a series of tax treaty measures to update international tax rules and lessen the opportunity for tax avoidance by multinational enterprises. The first signing ceremony for the BEPS MLI was held on 7 June 2017 and it entered into force on 1 July 2018. To date, 100 jurisdictions have joined the BEPS MLI, out of which 83 jurisdictions have ratified, accepted, or approved the BEPS MLI, and it covers around 1850 bilateral tax treaties. Signatories include jurisdictions from all continents and all levels of development and other jurisdictions are also actively working towards signature.
The BEPS MLI offers concrete solutions for governments to close the gaps in existing international tax rules by transposing results from the OECD/G20 BEPS Project into bilateral tax treaties worldwide. It also implements agreed minimum standards to counter treaty abuse and to improve dispute resolution mechanisms while providing flexibility to accommodate specific tax treaty policies.
The BEPS MLI is still open for additional Signatories. Jurisdictions interested in signing the BEPS MLI are invited to contact the OECD Secretariat: [email protected]
COMPARE YOUR COUNTRY
Discover the international state of play with this interactive map presenting key indicators and outcomes of the OECD's work on international tax matters.
The text of the Multilateral Instrument (BEPS MLI) and its Explanatory Statement were developed through a negotiation involving more than 100 countries and jurisdictions and adopted on 24 November 2016, under a mandate delivered by G20 Finance Ministers and Central Bank Governors at their February 2015 meeting. The BEPS MLI and its Explanatory Statement were adopted in two equally authentic languages, English and French.
Download the text of the BEPS MLI (PDF)
Download the Explanatory Statement (PDF)
TRANSLATION IN OTHER LANGUAGES
BEPS MLI Signatories and Parties have prepared translations of the BEPS MLI in Arabic, Bulgarian, Chinese, Dutch, German, Greek, Italian, Japanese, Portuguese, Serbian, Spanish and Swedish.
Other BEPS MLI translations are being prepared by BEPS MLI Signatories and Parties and will be made available shortly.
The translations of the BEPS MLI in other languages are provided only for information purposes. Only the signed English and French BEPS MLI are the authentic BEPS MLI texts applicable.
A Q&A webinar session with OECD experts to discuss the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS took place on 9 June 2017.