The OECD Multilateral Convention: Pathway to a Single Model Tax Convention?

On November 24th 2016, the OECD released its long awaited Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("MLI"), as well as the explanatory statements on the Convention. The MLI marks the definitive push towards the acceptance, by OECD member and non-member countries, of the work developed in the BEPS Action Plan and the final reports delivered in 2015.