On 28 June 2022 OECD published the update status of signatory countries regarding BEPS MLI. Accordingly, on 1 June 2022, Spain submitted its notification confirming the completion of its internal procedures for the entry into force of the Multilateral Convention for the Implementation of Multilateral Convention to Implement Tax Treaty Measures to Prevent Base Erosion and Profit Shifting (the MLI) for 50 its covered agreement (tax agreement).
When the notifications on the side of the other jurisdiction are completed (if required), the provisions for the entry into force of the MLI between Spain and the relevant jurisdictions of the counterparty will begin.
