On 31 May 2024, the Azerbaijan parliament approved the law for the ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). Azerbaijan signed the MLI on 20 November 2023 and, according to its provisional list of reservations and notifications, Azerbaijan intends to have the MLI cover 54 of its tax treaties. For the MLI to become effective for a particular treaty, both parties to a treaty must have included the treaty as a covered agreement, …