For Estonia, the BEPS MLI will enter into force on May 1, 2021.
Estonia deposited its instrument of ratification for the BEPS MLI with the OECD on January 15, 2021.
The BEPS MLI now covers over 1,700 bilateral tax treaties. With 95 jurisdictions currently covered by the BEPS MLI, the ratification by Estonia now brings the number of jurisdictions which have ratified, accepted, or approved it to 61.
The BEPS MLI became effective on January 1, 2021 for approximately 650 treaties concluded among the 61 jurisdictions, with an additional 1,200 treaties to become effectively modified once the BEPS MLI will have been ratified by all signatories.
For Estonia, the BEPS MLI will enter into force on May 1, 2021. Estonia wishes to cover 58 of its tax treaties by the BEPS MLI.