Dear Members, We are pleased to present TransPrice Times - Summarising Multialteral Instruments (MLI) for June 2017. June 7 2017 was no ordinary day for the tax world. OECD initiated the historic signing process of the multilateral instrument agreement which involved the participation of 68 countries including India. The MLI Special Edition urges our members to traverse the multilateral wave, and understand the implications of MLI on the tax front. This edition covers a simplified analysis of India's position on MLI, FAQs & tool-kits released by OECD. We would be happy to know your suggestions. You can write to us at akshaykenkre@transprice.in Thank You and Happy Reading!!