Australia and Various Other Countries: Multilateral Instruments in Force
The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) became effective January 1, 2019 in Australia, France, Israel, Japan, Lithuania and the Slovak Republic. The January effective date applies to withholding taxes. The MLI becomes effective for other taxes on or after July 1, 2019. Israel has chosen to have the MLI apply for tax periods beginning on or after January 1, 2020 for other taxes.