Newsletters

14.06.2017

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Implementation of the Multilateral Instrument in Germany and Luxembourg

In our beinformed dated 19 January 2017, we addressed the multilateral instrument (MLI) of the Organisation for Economic Co-operation and Development (OECD). As a part of the BEPS (Base Erosion and Profit Shifting) project of the OECD, the MLI is meant to adopt and synchronize existing double tax treaties which are – according to the OECD – one of the major drivers of inappropriate tax avoidance strategies by abusing different tax treaties jurisdiction (“treaty shopping”). With the help of the MLI, adjustment processes of double tax treaties will be reduced significantly. After the first draft of the MLI was confirmed on 24 November 2016, ministers and other high-level representatives of over 60 states signed the international treaty on 7 June 2017 in Paris. Our beinformed illustrates the implementation of the MLI in Germany and Luxembourg.

Note: This newsletter is also available in German language: