The Egyptian Tax Authority has published a fact sheet regarding the application of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) to Egypt's covered agreements (tax treaties). The MLI entered into force for Egypt on 1 January 2021.
According to the fact sheet, which is subject to change, 39 agreements could be modified by the MLI once the MLI takes effect for all agreements covered. As of 1 March 2021, the fact sheet i…