UK Publishes Updated Synthesized Text of Tax Treaty with Barbados as Impacted by the BEPS MLI

UK HMRC has published an updated synthesized text of the tax treaty with Barbados as impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The synthesized text has been updated to correct the Barbados MLI signing date to 24 January 2018 and effective dates for the mutual agreement procedure (MAP) and the arbitration provisions under the MLI to 1 April 2021. Otherwise, the effective dates are unchanged, with the MLI…