CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Sweden To Legislate To Adopt BEPS Treaty Changes

Sweden To Legislate To Adopt BEPS Treaty Changes

by Ulrika Lomas, Tax-News.com, Brussels

22 March 2018


The Swedish Government has approved a bill to ratify the BEPS Multilateral Instrument and has submitted it to parliament.

According to a statement issued by the Ministry of Finance on March 20, the bill proposes that parliament approve the MLI to implement tax treaty measures to counter BEPS and includes Sweden's reservations to the instrument.

The MLI, developed through negotiations involving more than 100 countries and jurisdictions as part of the OECD's BEPS project, is intended to enable countries to incorporate BEPS-related amendments to their tax treaties without having to renegotiate bilateral treaties on a piecemeal basis. It was developed to speed up the introduction of these provisions into treaties, as renegotiating treaties bilaterally could take more than a decade to fully achieve.

The BEPS MLI is also intended to improve dispute resolution mechanisms and provides flexibility to accommodate specific tax treaty policies.

TAGS: Finance | tax | double tax agreement (DTA) | Sweden | BEPS

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »