On 1 July, the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (“MLI”) will come into effect for the first group of signatories.
This will be a milestone in the course of the implementation of the BEPS Action Plan and require all cross-border businesses to closely follow and assess the potential impact in jurisdictions where they operate.
Richard J. Irwin
Partner, Tax and Legal Services, PwC Vietnam
Tel: +84 28 3823 0796