On 28 July 2022, Lesotho deposited its instrument of ratification 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 Lesotho on 1 November 2022, although its entry into force for Lesotho's covered agreements (tax treaties) will depend on the ratification of th…