25 January 2018

Barbados and Jamaica sign the BEPS Multilateral Convention

Barbados and Jamaica have signed the Organisation for Economic Co-operation and Development (OECD) Base Erosion and Profit Shifting (BEPS) Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (the MLI), bringing the total number of signatories to 78. The recent signing of the MLI has been hailed as another major step towards the implementation of the BEPS package. The signing also comes one day after Barbados was removed from the European Union's list of non-cooperative jurisdictions and placed on the gray list for monitoring.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-0194

Document ID: 2018-0194