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Argentine Senate approves Multilateral Instrument

09 May 2025

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Tax Alerts, Information Reporting, Legis...

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Argentina

On 7 May 2025, the Argentine Senate approved the Multilateral Instrument (MLI) aimed at implementing tax treaty measures to prevent base erosion and profit shifting (BEPS).The MLI will take effect three calendar months after its publication in the Official Gazette and submission to the OECD.Multinational companies operating in Argentina should assess the implications of the MLI on their cross-border transactions, particularly regarding changes in tax treaty provisions and compliance requirements. During the session that took place on 7 May 2025, the Argentine Senate approved the Multilateral Instrument (MLI) to implement Tax-Treaty-Related Measures to Prevent Base Erosion and Profit Shifting (BEPS). (For...