According to an update from the OECD, Barbados deposited on 21 December 2020 its ratification instrument for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Based on the date of deposit, the MLI will enter into force for Barbados on 1 April 2021, although its entry into force for Barbados's covered agreements (tax treaties)…