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PE Watch: Latest developments and trends, May 2022

12 May 2022

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Tax Alerts, Legislation & Policy, Na...

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Cameroon, Denmark, Germany, Ireland, Norway, Switzerland, Ukraine, Unt...

OECDBEPS MLI: Belize and Cameroon deposits instrument of ratification of the MLIOn 7 and 21 April 2022 respectively, Belize and Cameroon deposited their instrument of ratification of the Base Erosion and Profit Shifting (BEPS) Multilateral Instrument (MLI) with the Organisation for Economic Co-operation and Development (OECD). Belize confirmed its preliminary positions regarding the permanent establishment (PE) provisions and chose not to apply any of the PE provisions of the MLI. Cameroon confirmed its preliminary PE positions and chose to apply all of the PE provisions of the MLI. The MLI will enter into force for both jurisdictions on 1 August...