On June 7, 2017 Israel signed with addition 67 countries on the Multilateral Instrument (the “MLI”). On September 13, 2018, Israel submitted the ratification documents for the agreement, and the agreement entered effect in Israel on January 1, 2019.
As stated in the OECD site The MLI offers concrete solutions for governments to close the gaps in existing international tax rules by transposing results from the BEPS Project into bilateral tax treaties worldwide. The MLI aims to modify the application of thousands of bilateral tax treaties concluded to eliminate double taxation. It also implements agreed minimum standards to counter treaty abuse including inter alia implementation of Action 7 recommendations regarding the permanent establishment into the bilateral tax treaties.
For more information regarding the Israeli tax treaties Net and its position and objection via the MLI please note the following link:
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