According to an update from the OECD, Russia deposited on 7 February 2023 an updated notification confirming the completion of its internal procedures for the entry into effect of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) for its covered agreement (tax treaties). The updated notification includes 5 covered agreements, including those with Bulgaria, China, South Africa, Spain, and Thailand. The notification confirming the completion of internal procedures is required because Russia has taken the reservation that for the MLI to become effective, Russia must first deposit such a notification. The...