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Estonia Confirms Completion of Internal Procedures for the Entry into Effect of BEPS MLI for 7 Covered Agreements

29 November 2021

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Treaty Development

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Estonia-Austria-Cyprus-Finland-Latvia-Poland-Slovak Republic-Ukraine-OECD

According to an update from the OECD, Estonia deposited on 25 November 2021 its notification confirming the completion of its internal procedures for the entry into effect of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) for 7 of its covered agreement (tax treaties). The 7 covered agreements include Estonia's tax treaties with Austria, Cyprus, Finland, Latvia, Poland, Slovak Republic, and Ukraine. The notification confirming the completion of internal procedures is required because Estonia has taken the reservation that for the MLI to become effective, Estonia must first deposit such a...