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 1996 income tax treaty with Mexico. 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 2024 with respect to both withholding taxes and other taxes. --- Tax Treaties Covered by the Convention to Implement Measures to Prevent BEPS will be Increased [ Mexico ] 1. According to the...