Ireland’s approach to the implementation of treaty changes under the MLI and what these will mean for aircraft lessors
With countries signing up to BEPS related measures to amend their tax treaties under a multilateral instrument (MLI), aircraft lessors will need to be aware of these changes to ensure their businesses continue to qualify for access to tax treaties.
On 7 June 2017, representatives from just under 70 jurisdictions, including Ireland, participated in an OECD ceremony for the signing of a multilateral instrument to implement tax treaty-related measures to prevent base erosion and profit shifting (BEPS).
In this article, Tom Woods and Eamonn Smith consider Ireland's approach to the implementation of treaty changes under the MLI and what these will mean for aircraft lessors.
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