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Mexico deposits instrument for ratification of the MLI

16 March 2023

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Tax Alerts, Legislation & Policy, Na...

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Mexico

The timeline to entry into force has been triggered in Mexico. Multinational companies should analyze the impact of the MLI in cross-border transactions.On 15 March 2023, the Organisation for Economic Co-operation and Development (OECD) reported that Mexico deposited the instrument for ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Multilateral Instrument or MLI) to finalize the formal ratification and notification process.As mentioned in EY Global Tax Alerts, Mexico takes first steps to ratify MLI, dated on 10 October 2022, Mexico ratifies MLI, dated on 12 October 2022 and Mexico publishes...