The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) entered into force for Denmark and Iceland on 1 January 2020. With respect to the covered agreements (tax treaties) between Denmark and Iceland and the other countries for which the MLI has already entered into force, the MLI is generally effective from 1 January 2020 in respect of withholding taxes and for taxable periods beginning on or after 1 July 2020 in respect of other taxes (six months after entry into force). However, solely for purposes of Denmark's and Iceland's own application of...