The OECD has reported that on 5 June 2018 Serbia deposited with the OECD Secretary General its instrument of ratification in relation to the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (also known as the multilateral instrument or MLI). The MLI will enable countries to amend their bilateral double tax agreements in line with the treaty-related recommendations resulting from the BEPS project.