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UK Government Clarifies Measure for Implementing BEPS MLI

|Treaty Development|United Kingdom
United Kingdom

In response to concerns raised during parliamentary debate, UK Financial Secretary to the Treasury Mel Stride has clarified the effect of the measure included in Finance (No.2) Bill 2017-19 for the implementation of the Multilateral Convention to Implement Tax Treaty Related Measures to prevent BEPS (MLI). According to Secretary Stride, Clause 32 of the Bill merely clarifies the existing power…

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