The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) entered into force for Finland and Guernsey on 1 June 2019. 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 2020 in respect of withholding taxes and for taxable periods beginning on or after 1 December 2019 in respect of other taxes (six months after entry into force). However, with respect to Finland's own application of the MLI for other taxes,...