The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) entered into force for Bulgaria and South Africa on 1 January 2023. With respect to the covered agreements (tax treaties) between Bulgaria and South Africa and the other countries for which the MLI has already entered into force, the MLI is generally effective from 1 January 2023 in respect of withholding taxes and for taxable periods beginning on or after 1 July 2023 in respect of other taxes (six months after entry into force). However, for Bulgaria's own application of the MLI in...