OECDBEPS MLI: Thailand deposits instrument of ratification of the MLIOn 31 March 2022, Thailand deposited its instrument of ratification of the Base Erosion and Profit Shifting (BEPS) Multilateral Instrument (MLI) with the Organisation for Economic Co-operation and Development (OECD). Thailand confirmed its preliminary positions regarding the permanent establishment (PE) provisions and chose to apply all of the PE provisions of the MLI. The MLI will enter into force for Thailand on 1 July 2022.Commentary to the GloBE rulesOn 14 March 2022, the OECD/G20 Inclusive Framework adopted the Commentary to the Global Anti-Base Erosion (GloBE) Rules. The Commentary provides detailed technical...