The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) entered into force on 1 January 2019 for Australia, France, Israel, Japan, Lithuania, and the Slovak Republic. With respect to the covered agreements (tax treaties) between these countries and other countries for which the MLI has already entered into force, the MLI is generally effective from 1 January 2019 in respect of withholding taxes and for taxable periods beginning on or after 1 July 2019 in respect of other taxes. However, Israel has chosen the option, solely for its own purpose, to have...