According to an update from the OECD, Estonia deposited on 15 January 2021 its ratification instrument for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Based on the date of deposit, the MLI will enter into force for Estonia on 1 May 2021, although its entry into force for Estonia's covered agreements (tax treaties) will depend on the ratification of the MLI by the counterparty to a particular covered agreement. The MLI will generally enter into force for a particular covered agreement on the first day of the month following a...