According to an update to the OECD's list of signatories and ratification status, the Isle of Man deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) on 25 October 2017. The Isle of Man signed the MLI on 7 June 2017 ({News-2017-06-08/T/2-previous coverage}), with eight covered agreements (tax treaties to be impacted, subject to matching). The MLI will generally apply for a particular Isle of Man bilateral tax treaty after the other party to the treaty has deposited their ratification instrument. However, the MLI itself must...