On 25 September 2018, the Foreign Relations Committee of Georgia's Parliament approved the bill for the ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI), which Georgia signed on 7 June 2017. Georgia must deposit its ratification instrument to bring the MLI into force for its covered agreements (tax treaties), with the MLI entering into force for a particular covered agreement on the first day of the month following a three-month period after both parties to the covered agreement have deposited their ratification instrument. Once in force, the provisions of...