The OECD has announced that on 29 January 2020, North Macedonia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). According to the provisional list of reservations and notifications, North Macedonia intends to have the MLI cover 49 tax treaties (treaty with Serbia and Montenegro treated as two separate treaties). For the MLI to become effective for a particular treaty, both parties to a treaty must have included the treaty as a covered agreement, and both must have completed the required procedures for the ratification of the MLI.