On 19 April 2018, the French Senate approved a bill for the ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI), which has now been sent to the National Assembly for approval. Once the ratification process is complete, the MLI will generally enter into force for a particular French covered agreement (tax treaty) on the first day of the month following a three month period after both parties to an agreement have deposited their ratification instrument. Once in force, the provisions of the MLI will generally apply for a covered...