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Norway Deposits Ratification Instrument for BEPS MLI

31 July 2019

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Treaty Development

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Norway-OECD

According to a recent update from the OECD, Norway deposited on 17 July 2019 its ratification instrument for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Based on the date of deposit, the MLI will enter into force for Norway on 1 November 2019, although its entry into force for Norway's covered agreements (tax treaties) will depend on the ratification of the MLI by the counterparty to a particular covered agreement. The MLI will generally enter into force for a particular covered agreement on the first day of the month following...