On 30 September 2019, Denmark deposited its ratification instrument for the Multilateral Convention to Implement Tax Treaty Related Measures (MLI) to Prevent Base Erosion and Profit Shifting. The MLI is designed to allow countries to swiftly add to their existing bilateral tax treaties provisions agreed to by nations in 2015 as a result of the OECD/G20 base erosion profit shifting (BEPS) plan. These provisions aim to prevent tax treaty abuse by multinational groups and to enable resolution of cross-border tax disputes.
The MLI will enter into force on 1 January 2020 for Denmark.