The German lower house of parliament (Bundestag) approved a new Act to facilitate the application of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) on 16 May, 2024.
This Act enables Germany to notify that it has completed internal procedures, making the MLI effective for its tax treaties with several countries, including Croatia, Czech Republic, France, Greece, Hungary, Japan, Malta, Slovakia, and Spain.
However, treaties with Austria, Luxembourg, Italy, Turkey, and Romania are excluded from this Act due to existing bilateral amendments or pending ratification processes.
