Include 62 tax treaties in the MLI framework to prevent profit shifting

Germany has concluded tax treaties with many countries to prevent income from being taxed twice. So far, 62 of these treaties did not meet the international minimum standard against tax avoidance. This law adds these 62 treaties to an existing framework (the BEPS Multilateral Instrument, MLI) so they can be modernised through an international process. This is intended to prevent profits from being artificially shifted abroad to avoid taxes.