On September 18, 2018 the OECD issued a press release announcing that on the same date Saudi Arabia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Therewith Saudi Arabia becomes the 84th jurisdiction to join the Convention.

Click here to be forwarded to the list of signatories to the MLI (Status as of September 18, 2018) as available on the website of the OECD.

·   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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