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The Organisation for Economic Co-operation and Development (OECD) published Multilateral treaty, which will help to deal with Tax evasion.

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The Organisation for Economic Co-operation and Development (OECD) published Multilateral treaty, which will help to deal with Tax evasion.

Important notice: Law&Trust no longer work in Russia. Transfer of operational control over Law&Trust in Russia to local management and the formation of the LegalCraft brand was started in 2022 and came into effect in October 2024.
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“Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base erosion and profit shifting” (MLI) this is multilateral treaty, members of which could develop their own bilateral treaties that deal with issue of Double Taxation together with all Member States.

Treaty was published on 24th of November on website of OECD. It is mentioned that accession will be possible only after 31 of December of present year. Afterwords will follow implication of  the “Minimal Standard” to own bilateral treaties with notification to another party.

Ministry of Finance of Russian Federation declare about intention to sign that treaty in Project of main directions of tax policy 2017-2019.

Ekaterina Bogatova

Ekaterina Bogatova

Head of Practice

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