On June 5, 2018 the OECD issued a press release announcing that on the same date Serbia deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Serbia had already signed the MLI on June 7, 2017.

 

Click here to be forwarded to Serbia’s instrument of ratification for the MLI.

 

Click here to be forwarded to the list of signatories to the MLI (Status as of June 5, 2018) as available on the website of the OECD.

 

Based on Article 34, Paragraph 2 of the MLI, with respect to Serbia the MLI shall enter into force on the first day of the month following the expiration of a period of three calendar months beginning on the date of the deposit by Serbia of its instrument of ratification. Therefore with respect to Serbia the MLI will enter into force on October 1, 2018.

 

With respect to Austria, the Isle of Man, Jersey, Poland and Slovenia the MLI will already enter into force on July 1, 2018.

 

·   Text of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS

·   Explanatory Statement to the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS

 

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