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Japan Issues Notice and Summary on Application of MLI to Tax Treaty with South Africa

25 October 2022

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Treaty Development

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Japan-South Africa

Japan's Ministry of Finance has issued a notice regarding the application of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) to the 1997 income tax treaty with South Africa. A summary on the application of the MLI to the Japan-South Africa tax treaty has also been published, noting that the MLI generally applies for the treaty from 1 January 2023 with respect to withholding taxes and from 1 July 2023 with respect to other taxes. --- Tax Treaties Covered by the Convention to Implement Measures to Prevent BEPS will be Increased...