%A BACIA, Bartosz %A TOPOROWSKI, Patryk %D 2018 %T OECD Multilateral Instrument: The New Era in International Tax Law %K %X The Multilateral Instrument to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) is one action by the OECD to address tax-base erosion and profit shifting (BEPS), i.e., double non-taxation or strategies consisting of artificially shifting profits to low-tax locations where there is no substantial economic activity and at the same time, very little corporate tax being paid. MLI aims to modify bilateral double-taxation agreements. It is an international agreement that modifies, in an umbrella manner, the relevant provisions of bilateral double-taxation agreements. Standard clauses contained in the MLI should replace, modify or supplement the relevant clauses in bilateral agreements. MLI marks a new opening in international tax law, offering for the first time the ability to harmonize the rules governing cross-border taxation. %U https://journals.aserspublishing.eu/jarle/article/view/2458 %J Journal of Advanced Research in Law and Economics %0 Journal Article %R 10.14505//jarle.v9 2(32).03 %P 386-395%V 9 %N 2 %@ 2068-696X %8 2018-03-31