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ARTICLE · 22 JUNE 2017

Hot Off The Presses: Canada Signs The Multilateral Instrument

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The government of Canada achieved this goal and signed the MLI at the signing ceremony.

CanadaTax
Steven Baum
Steven Baum
Laura Gheorghiu
Laura Gheorghiu
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At the April 2017 International Tax Conference of the International Fiscal Association Canada, a representative of the Department of Finance (Finance) expressed that it was Canada's goal to be ready to participate in the official signing ceremony for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the "MLI"), on June 7, 2017, in Paris.  The government of Canada achieved this goal and signed the MLI at the signing ceremony.  As part of the signing process Canada has also released its preliminary MLI position in respect of the scope of adoption and reservations to the MLI; its definitive position for each jurisdiction must be provided upon the deposit of its instrument of ratification. Read our recent detailed note on the next steps to implementation of the MLI here. 

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