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Argentina's Senate Approves BEPS MLI

09 May 2025

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Treaty Development

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Argentina-OECD

On 7 May 2025, Argentina's Senate approved the law for the ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The law was approved by the Chamber of Deputies in October 2024. After the internal ratification process is completed, Argentina must deposit its ratification instrument to bring the MLI into force for its covered agreements (tax treaties). The MLI will generally enter into force for a particular covered agreement on the first day of the month following a three-month period after both parties to the covered agreement have deposited their...