On 23 October 2023, the Netherlands published in the Official Gazette the Memorandum of Arrangement with New Zealand concerning the mode of application of the arbitration process provided for in Part VI of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The arrangement was signed by the Netherlands and New Zealand on 15 August 2023 and 18 September 2023, respectively, and comes into operation pursuant to Article 23 (Mutual Agreement Procedure) of the 1980 tax treaty between the two countries as modified by Article 16 and paragraph 10 of Article 19...