Legally Speaking

Private Funds Management

"The convention designed to enable swift modifications of double tax agreements, drawn up with 103 jurisdictions, may affect taxable periods beginning in 2018, depending on international and domestic ratification processes. The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting, published in November, is the latest outcome of the OECD’s BEPS project, which began in 2013 with the aim of reforming the international tax system to counter tax-avoidance strategies."

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Natasha Kaye Partner London
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