On 12 May 2022, Finland published Declaration 31/2022 and Declaration 32/2022 announcing the entry into force of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) for Finland's tax treaties with Romania and Thailand. Although in force for the 1998 Finland-Romania tax treaty, the MLI is not yet effective for the treaty because Romania has taken the reservation that it must deposit a notification that it has completed its internal procedures for the entry into effect of the MLI for a particular covered agreement. Romania has not yet deposited such notification. Once...