The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) entered into force for Andorra and Spain on 1 January 2022. With respect to the covered agreements (tax treaties) between Andorra and other countries for which the MLI has already entered into force, the MLI is generally effective from 1 January 2022 in respect of withholding taxes and for taxable periods beginning on or after 1 July 2022 in respect of other taxes (six months after entry into force). However, solely for purposes of Andorra's own application of the MLI for other taxes,...