OECD
BEPS MLI: Lesotho deposits instrument of ratification of the MLI
On 28 July 2022, Lesotho deposited its instrument of ratification of the Base Erosion and Profit Shifting (BEPS) Multilateral Instrument (MLI) with the Organisation for Economic Co-operation and Development (OECD). Lesotho confirmed its preliminary positions regarding the permanent establishment (PE) provisions and chose to apply all of the PE provisions of the MLI. The MLI will enter into force for Lesotho on 1 Novemb…